Greetings Cleone: Welcome to the vintage Airstream hobby. Gee, a 79
Sovereign. I've not seen one of those up close. Maybe you can post some pictures when you get a chance.
I worked all last winter on a 76 Sovereign. It had a classic case of rear end separation, and 9 rusted outriggers, and other areas for repair. I recommend you start from the bottom up with a thorough assessment of your trailer. For example: tires good, axles good, waste water tanks good, subfloor good. Axle expected life is about 30 years before the rubber rods go stiff as hockey pucks. Do the bumper bounce test for rear end separation. Stand on the rear bumper over the frame rail, and bounce like you were on a diving board. Watch for any gap that opens between the body and the frame rail. Do this test on both frame rails. If you see a gap open up, well then, the fun begins. Also check around the interior perimeter of the subfloor with an ice pick. Try to poke holes in the subfloor plywood. If you find rotted floor, especially in the rear compartment, well then, more fun begins. Make notes of everything you find that needs repaired.
It is certainly possible to repair the frame rails with the body on the trailer, and cabinets in place. It is harder, but possible. Gotta prevent fires if welding on the frame. We did significant repairs to the 76 Sovereign with the body on, but the cabinets were out.
Depending on what you find, you may be in for a 1000 hour and $10k project to bring your 79 back up to snuff and completely travel ready like many of us have. Our 76 renovation project thread is linked below if you care to look it over.
David
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WBCCI #8607 VAC Region 11
KnowledgeBase trailer renovation threads: 69 Globetrotter, 76 Sovereign, 75 Overlander, 66 Trade Wind Such fun !