Free boat for me - lots of questions
First of all a "free boat" is an oxymoron. (Sorry to be harsh.) You may get the boat for free, put $10000 into it, and have a $5000 boat at the end. People often give away boats; its not usually out of the kindness of their hearts. Its to save on the costs associated with keeping the boat. I would take a look at the boat and, if you think it has some merit, have a surveyor look at it. You will need a survey to insure it anyway. Good luck.