I have a 1988 rxt that was running great when it was new, at 30,000 miles, it was parked and sat indoors for about 10 years. with it being a rotary engine, what would i be looking at replacing to get it road worthy again? at 30,000 miles, im not expecting any major components to be bad, more like belts, hoses and other stuff that a rotary engine uses. any advice?

Bad gas, bad idle air control, dirty throttle body and plate, fuel filter, animal nest in air filter .

About 12 things

Clean the Throttle Body with --CRC Throttle Body Cleaner
Clean MAF Sensor with -CRC MAF Cleaner
Need a fairly clean Air Filter
No Vacuum Leaks --anywhere ( including ducting-- filter to throttle)
Common sense--Spark Plugs,every three years,not more than 50,000 miles
--Gas Filter,every three years,30,000 miles
Check --for loose O2 Sensors (Vacuum Leaks)
Check--TPS Sensor,at idle

Firing order 1-5-6-3-4-2-7-8
Distributor rotor turn's clockwise
cylinder's 1-2-5-7 left side of motor
cylinder's 2-4-6-8 right side of motor back side by fire wall.

Maintance

Keep up with your oil changes every three months or 3,000 miles which ever comes first, also at same time have all fluid level check, fuel filter and air filter replace once a year, tune-ups every two years, have your brakes check once a year, unless then feel funny have them check right away, transmission if fluid and filter has not been change every 30,000 miles, I leave it alone or new fluid will damage transmission clutches and transmission will have to be overhaul within 30 to 60 days.

if compresion fine then only answer is valve guides....

Drain the old gas out...or it could be no or little spark

No,If you check in your owners manual it give service references and what you should change at different mileages of service.

air idle control motor probably sticking remove motor and spray w-d-40 inside then reinstall and tap with a hammer while running

oil change every 5000 miles, tire rotation every 10 to 15000, air filters at 15,000 or as needed, fuel filters and auto trans fluid every 30,000.

Were going to keep this simple and hope it's the fuel filter that has reach the end of it's life and needs to be replaced. They have an average life of 30,000 miles or 1 year. If you have not replaced the fuel filter every year or 30,000 miles, good chance that the filter needs to be replaced. Good luck and hope this helps. Keep me posted, be glad to answer any question you may have. 

Fuel line or fuel pressure regulator leaking, both are inside intake.