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If it is like almost every other manual trans out there you won't be able to check the fluid. I would change the fluid when you get it (synthetic, like royal purple, redline, etc.), and then just make sure it is topped off every time you do an oil change. Also make sure non of the axle boots are torn. If one of the inside ones ripped I would imagine that would throw a lot of grease everywhere, including on the transmission. As for the rust, it is pretty common. My car has the rust by the doors on both sides.
What is the blue book value on the car? $2300 seems a little expensive, but then again it only has 122k miles on it, which is relatively low for these cars (mine has 195k, others have a lot more).
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