I have two rust bubbles on the end of the hood right where say hood pins would go, and I was wonderin how to fix this. They have been touched up with paint once, but now the paint is chippin away, and there is some rust showin very exposed. I want to fix this, and am wonderin if it is somethin I can do myself, and how? Do I just need to sand it down and use some touchup paint, or what?

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1986 Metallic Blue IROC-Z
80k miles, 305 TPI
Mods:
-Edelbrock Hi-Flow baseplate
-Dynomax Cat-back
-gutted MAF
-K&N's
-airfoil
-shiftkit

 

Also, where can I get touch-up paint for my car...i went to the dealer, but they said they did not make it since my car was so old.

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1986 Metallic Blue IROC-Z
80k miles, 305 TPI
Mods:
-Edelbrock Hi-Flow baseplate
-Dynomax Cat-back
-gutted MAF
-K&N's
-airfoil
-shiftkit