Mainly you just need to sand off anythin loose, smooth out any ridges, and roughen up the entire surface.
You'll probably get a range of opinions but I'd go with something in the range of 400-800 grit for initial sanding. Also, you'll likely want to wetsand. After you prime it let it dry then wetsand it with 800 or 1000 then paint. After cured wetsand with 1200, 1500, 2000 then rub it out with polishing compound (if you want it to shine).
EDIT: forgot the most important thing is to clean the entire thing with dish soap/water mix before sanding, after sanding, etc. Keep it clean(dish soap works great because it's a degreaser so will remove anything that will break the bond of the paint to the metal). Obviously let dry before painting.