I bought a beater 88 camry off of craigslist cause I really needed a way to get to school and was out of a job, and this thing is proving to be quite the nuisance. The first thing that was busted on it was the alternator and serpentine belt, which I took care of. I put all new fuses, relays, and got a new horn because I couldn't figure out why it wouldn't work. It ended up to be just a wire that wasn't connected properly.
-I took it to get inspected and it failed because apparently the lady I bought it from did an exhaust patch job with a beer can and a zip tie. I got this epoxy wrap stuff from autozone and the guy there said that is supposed to fix it. Will that pass inspection? (NC)
-The power steering is out, I asked a friend what it was and he said that my steering rack was shot. Another friend said it was just the boots. Steering racks are expensive, boots are not. Is there some way I can figure out which is busted without taking it to a mechanic?
Really I'd like to just get together a few hundred dollars, take it to a shop and tell them to just fix it but I only have like $50 to my name until I start picking up hours so that's out of the question. It only is starting to get pressed for time because I got a kickass job on the other side of town, and I start monday...

This whole situation kind of blows cause it's a super cute little car and the engine runs like a champ even though the rest of the car is garbage.
Can you guys give me some suggestions?