Originally Posted by northoceanbeach
........I would rather risk it, and spend that $550 replacing halyards or some standing rigging, or getting a dingy. You have to pick and choose, and for me, I would choose something that for $550 I can have in my hand. .....
Perfectly okay choice to make with your eyes open. Many do on boat like this.
It would make me nervous, as there can be issues with boats of that value that can exceed the value of the boat. It's a big reason so many are abandon at marinas. You can pay much less than a survey to simply have a few deal breakers checked. You may get peace of mind, but no survey.
Have fun sailing the S out of her.