Re: "Free boat" seaworthiness
I'm not going to get emotionally involved with talking you out of this boat. Only trying to be helpful by saying that you are fully rationalizing this situation. At the least, you've admitted to yourself that it will take some money to be usable. While you've convinced yourself that is much less than I believe it will be, this boat is not worth any amount you've talked yourself into. There are boats available at that amount, any amount, that are far superior to a sunken, abandon boat. How long do you think the one sail will last after being at the bottom long enough for the rudder to rot? All the best.........
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In the harsh marine environment, something is always in need of repair. Margaritas fix everything.