Re: Sailable projects?
Another thing to keep in mind about project boats is it is often impossible to work on them while using them. Not only is it time consuming to fix up a boat, it is expensive if you also have to pay to store it.
Sadly, it is rare for a cosmeticly challenged boat not to have major problems lurking under the surface.
When I got my 40 yr old boat it was sound and safe, but had had no updates in years. The sails were old, cooktop and other systems out dated, but it could be sailed and cruised using camping gear. This allowed me to use the boat while slowly doing smaller projects and updates over a few years.