Get it in a stand. If you dont have one they come up on craigs list all the time and the 'import' ones that are available at discount and parts stores for around $50 will hold up a 6. Clean it up good then take off the valve cover, timing cover, and oil pan. Have a look around. See how much slop there is in the chain, that will give you some idea how long the thing has been together. You can turn the engine by hand and watch the rocker arms making sure that everything keeps moving and none of the pushrods ever go slack. You can see most of the cam and look for wear. You can also see the bottom of the cylinder bores and get some clues to how long its been together. You can check for end play in the crank. You can see if you can wiggle the rods on the crank. If its all fairly good looking slap some new gaskets and seals in and go unless you have the budget for a full rebuild. Once you take off the head and start messing with bearings you get into a lot of 'might as wells' which will eventually lead to a full proper rebuild. Post a bunch of pictures when you get it apart, Im sure everyone here will be glad to give you their 2cents and tell you what or how to check. I found a local machine shop that was willing to look at mine when I had it at that stage.