Re: 10K$ boat --- Are Insurance and Survey REALLY mandatory?
Liability insurance is relatively cheap, mine from Boat US is only $250 per year. My boats a 1974 so they did require a survey. Where you get murdered is on the comprehensive which you don't need on a $10K boat. Buy an $8K boat and use the 2K to register it, buy insurance and a place to put the boat. The days of just anchoring for free anywhere are long gone, even where it's legal to do so the water cops will make your life unbearable.