I hope
@Webbie is still following this thread ad hasn't been scared off by all of us. This is one of the main issues I see. We don't know his familiarity with Hasselblads or film cameras in general. The Hasselblad style of camera (MF SLR with removable film back and in lens shutter) is one of the most complex mechanical camera types made, and the HB 500C being the progenitor of that design has some of its own complexities that some others might not have. Someone that has spent 6 months shooting a hand-me-down Canon AE-1 or Nikkormat FTn hasn't come remotely close to experiencing to complexity of a Hasselblad. I don't mean that as a criticism, and I don't mean to discourage the OP just as a warning that if he is new to all this, he's going to need some help.
Asking here is a great place to start but a bunch of random posters (like me) saying do this or do that, isn't going to get a beginner here he needs to be (sorry if I'm misreading you're level of knowledge.) Webbie's profile says he's in Rockford--IL I imagine--I'm nowhere near there, but testing is better done by someone that knows more about the camera and can walk through some of these things. I woud problably suggest the following:
1. Start with the in lens shutter. Figure out how to cock and trip the shutter with the back removed so you can eyeball the shutter timings, but mostly just to make sure that part works. Start with the slowest shutter speed, and move faster. You won't be able to eyeball the difference between 1/250 and 1/500, and faster than 1/60 is really hard to eyeball, but get a sense that it seems to work.
2. Check the aperture--I'm not sure is this works on a HB, but open the shutter with B ot T mode, and opens and close the aperture to make sure that it opens and closes in a way that looks normal. Also, with the shutter closed, make sure that turning the apertur ring doesn't open and close the aperture--look in the viewfinder as you change the aperture and make sure the brightness doesnt change (it should only close down when triggering the shutter.
3. Lens removal and reattachment--I've never owned one, but I have seen some discussion that at times things can get jammed up if the lens is removed while uncocked, or something like that. A HB person should know more than me, but make sure that works as expected.
4. film back advance and spacing--I do this on all the 6x9 backs I have, it should be possible on the HB, but I'm not 100% sure. Take a used roll of backing paper and spool it onto a used spool. Make sure the unexposed end is out. Load it into the film backand advance to frame 1. Remove the back from the camera, figure out how to remove the dark slide (I don't know if the HB of that era have interlocks that keep you from remove the slide with the back off.). You should see black backing paper. Take a sharpie and trace the 6x6 frame. Reattaach the back, that shot 1, advance the film, then remove the back and dark slide, trace frame 2 6x6 frame. Continue this through all 12 frames. Make sure that after all 12 frames are shot the camera allows you to fully advance the roll through. Now remove the paper and look at the 12 6x6 squares you traced. First, the frame 1 should be pretty close to the remanant of tape that marks the beginning of the film. The next 11 frames should not overlap and should have about a centimeter or a little less distance between them. If its a little off or a little variable that not really a problem, but overlaps are, gradually increasing spaces are, 1 inch spaces are.
5. The vievfinder is pretty easy. As mentioned, there is tape holding the magnifier down, that suggests that the catch that keeps it out of the way isn't working but remove the tape and confirm. Look to see if anything else doesn't work.
6. You've now tested everything except the camera itself. Testing the camera requires everything else to work to some extent. You sort of run through things when you ran paper through the back, but do it again, but this time focus on the whether the mirror resets itself after every frame advance (i.e. after advancing, can you see an image in the viewfinder again?
7. I'm sure I missed something else, but at this point I'd say you're ready for a film test. buy a few rolls of the cheapest B&W film you can find (Foma 100 or Kentmere 100.). I use 100 because one of my tests requires that I shoot as many identical frames with the same exposure but different aperture/shutter combinations. Thats easier for me with a 100 speed film, but it may be different for you. But there are a few other things we want to test. You may be able to test all of these on a since roll of 12 shots, or you may want to spread them over a couple of rolls.
a. We want to look for light leaks. Most commonly this can come from the dark slide. Make sure to remove the dark slide, turn on the flashlight on your cell phone and run it over every seam on the back, camera and lens. This is a torture test for light leaks because in the real worls some leaks are minor enought that a quick remove-shoot-replace with the dark slide may not be enough to be noticable.
b. focus tests. take a few shots at ƒ2.8 close to the minimum focus distance (probably near a meter). This will give you the smallest depth of field, making easy to see if the lens or more likely the mirror or focus screes are badly positioned. Make sure you know exactly where it is focused and use the magnifier to be sure focus looks accurate in the viewfinder. If you expect to fix it before selling, it my be helpful to do a focus test where you can see if the focus is too far forward or behind where you thought the focus was. to do tht take a ruler or yardstick, mount it at a 45 degree angle a meter in front of the camera, and focus on a specific number (and write down the number so you don't forget.) When developed, if the number you focused on is in focus in the frame, Great! if its not look for where the focus is sharp, and you can tell if it is front focused or rear focused.
c. Shutter consistency--Since I don't have a way to actually measure shutter speeds, I like to guage shutter consistency. This requires light that doesn't change. That means a day where the sun won't go behind a cloud, or a studio with a fixed lighting setup that won't be affected by changin light coming in through a window. I live where we get 300+ cloudless days a year, so the sun is my preference. I setup on a tripod which isn't strictly necessary, but is helpful. Sunny 16 says I should shoot 100 speed film at ƒ16 + 1/125 (about.) so the range that I should be able shoot that have the same exposure are ƒ22 + 1/60, ƒ16 + 1/125, ƒ11 + 1/250, ƒ8 + 1/500. So if you take the exact same shot in the exact same light at those four setting, when developing they should show the same density on the developed film. If you have slower film (or treat the 100 speed film as 50 or 25) you can add more to that range. Shooting in darker environs with 100 speed can also extend that, but using sunny 16 lets it test accuracy, not just consistency. This is the simple cheap way for someone without a shutter speed tester to see if the shutter speeds are close to consistent. 1/500 is rarely accurate on leaf shutter, so don't be surprised if that one is a bit more dense on the negative.
Ok, so there is 10,000 words on testing a camera. This is something I do on every camera I have bought in the last 8 years or so. Its far from perfect, and I'm sure a lot of more skilled people here will scoff at some of this, but if I've just paid $1k for a new camera setup, I do all of this (or at least what is appropriate for the type of camera I have just bought) so I have a sense of what issues I'll have to deal with in the short term and whether the camera lives up to the listing.