It seems like the "hidden cots" you're most concerned with really boils down to insurance. I would call a few agents, tell them exactly what kind of boat you are considering and have them give you a quote. At the same time they can answer a lot of your questions regarding laibility coverage, etc. Best wishes for some smooth sailing.
That's true - a lot of the questions that I can think of are insurance related. But I'm also curious to know if there are any issues that I haven't
considered. If it looks like I've missed anything, I'd prefer knowing now, rather than later!
Also, with regard to insurance, are there insurance companies that specifically handle marine insurance? Are there overlap companies, (i.e Progressive, or others)? Is there a particular company anyone recommends?