**UPDATE**
I didn't buy it.
All I can say is wow. 1st off, before I left work I was researching the 88 Corolla and Google Images showed me the exact same picture of a White 4dr 88 Corolla that he posted. I didn't think a whole lot of it so I went to look at this on my way home.
I pulled up and was like "oh hell no".

The front bumper and 1/4 hood were painted black, black wing, and 1/4 of rear trunk and down were painted black. There was a huge dent with rust exposed on the driver side and both rear wheel wells were covered in rust. The guy came out and attempted to start it, that was a good 30 seconds. Here's more.
-Throttle Body stays open at about 4k rpm when starting up until you tap the gas, it goes down to normal warming up RPM's
-I nearly ran thru the stop sign because the brakes were shot (where the f*** were the new brakes!)
-very bad exhaust leak
-Car is from NJ and he's had it in VA for a year never registered and no current inspections
-Burning insanely amounts of oil
I felt kinda bad because I was getting this guy to hold the car for me since there were so many people interested on the local forum so I continued with a test drive since he offered. He wanted me to take it out on the highway but I told him the side streets were good enough since it wasn't registered. After a few min of driving I headed back, parked it, and told him I'd pass since I needed something more reliable.