Re: Construction questions for a Ranger 26
My first reaction is that it sounds like a tremendous amount of work and quite a bit of expense. Some of the stuff is trival, but some not. The bulkheads would be a big issue and I wonder if the deck and hull have been compromised by the bulkhead problems. Also corroded keel bolts could be nothing (cosmetic only) or quite serious and very difficult to fix. You could find a knowledgeable person to look at the boat with you, but my reaction from your description is that free would be too high a price for this boat.
In South Africa doing lots of boat stuff. Departure north from Cape Town around December 15th. Arrival in the Caribbean around the beginning of February, after 5300 miles or so.