First time classic car owner

How could I neglect to add pictures? Thanks for the reminder!
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Major Mechanical Problems I know of so far and could use advice on:
- Water leak on the engine, sounds like it is dripping on the driver's side exhaust manifold and boiling on contact. My best guess is that the freeze plug is bad between the manifold connections.
- Clutch isn't right, it sticks open only while the engine is running. I checked out the mounting for the clutch pedal, and it looks like it's about to come off of the ball joint.
- Front of the car rides too low (worried about oil pan getting ripped off on these Michigan roads), need to adjust the torsion bars, not sure of the best way to go about it.

Im also not sure if the engine has ever been rebuilt, it appears it was painted fully assembled, so no hints there.
That's badass!