UPDATE: I did the repair myself (one of the two rust spots so far). Being this was my first DIY body repair, it doesn't look great, but hopefully it will keep the rust from coming back and spreading. If it comes back or spreads in other areas, I will most likely end up getting a new hood. Buying a used hood from a junkyard may not be a good idea because it will most likely have some rust (especially in the NJ area).
Here's how the repair came out:
I may also end up getting a bug shield to cover it up a bit and to prevent further chipping of the hood which started the rust.