I have lived on my Challenger 32 sloop for 4 years, very spacious for a sailboat, also lived on a Challenger 35 ketch for 8 years before that, no difference in interior space, the boat has everything I could wish for regarding comfort and sailing ability. The boat willl be ready to sail this spring, only a roller furling left to buy, after replacing and refurbishing everything from the water system to the mast. Spent a few k but only paid 11k for the boat so she's worth around what a decent one goes for now, but her monetary value is secondary to the utility she gives me. The livaboard way of life is the closest I'll ever get to true independence, and the beauty of the West coast as my backdrop makes me really appreciate what I have, specially at this time of year. Only advice I have is don't skimp on the boat's needs, it is your foundation for everything else and worth the investment to support a lifestyle that, thank God, is not for everyone.
Ignorance will let you die in innocence, but awareness will at least let you know what the mistake was.