As a general rule, never own a Honda that has previously been owned by anyone under 30 years old. That's applies to the ones that appear to be in good condition. The only reason this should even be considered is if you just want to learn to do the body work. If that's the case, take it from someone who's already made the mistake of under estimating the cost and time needed to do something like this. Go over the car from bumper to bumper, top to underside and write down everything you see that isn't 100%. Then price the replacement for each thing. Then think about raw materials; sand paper, masking tape, welding wire, gas, body filler, paint, primer, thinner, hardner, sealer, under coating, cutting disk and so on. Take the cost of everything and add 50% (to cover the cost of everything you missed/under estimated) to it. That will get you close what you're going to spend out of pocket. Then compare that number to what one in good condition can be bought for.
That's a really good idea! I will do that tomorrow when I can go take a look at the car again.