The FSM's are very informative, and with some help from friends or local corvette clubs I believe you could get it looking refurbished over time.
With your self disclosed lack of mechanical knowledge, you need to evaluate your ability as well. How bad is the car? How much money will it take for must have parts? What parts can be repaired or refurbished?
You must develope a plan. To haphazardly tear a driveable car apart to restore it leads to disaster in many cases. These end up being parted out cars or sold as project cars for a dime on a dollar.
The Factory service manuals can be bought on Ebay for 1/2 to 1/3 the cost of new, usually. Buy these first. There is a book, 101 projects for your corvette, I have'nt read it but it sounds like it would be a good one for you.
http://www.amazon.com/s/ref=nb_ss_b/...tion&x=11&y=19