First, please hit you caps lock to "off' please!
As far as weathering you can use washes, pastels and a variety of other techniques.
As to where you should apply the weathering, wherever it's appropriate. Crew entry areas and engine cowlings (as well as any other access areas) are prime areas for wear to occur.
Also, fuel, oil & hydraulic leaks may manifest themselves here and there. For that, you just have to do a bit of research to see where a leak occurred on a certain aircraft.
Now, for what colors to use, just experiment!
Fade to Black...