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Not to be total jerk,
But if you cant raise the resources to float the thing, how are you going to finance the rebuild? I say this because of my own experience dumping many many thousands into a "project" boat, only to stand back and wonder where the money went, and scared to death of how much more it is going to take to get to where I want to be. I easily spent a grand on epoxy and glass just to plug a couple old throughulls, rebuild my engine bed and do a little re-tabbing.... There was a thread recently about bright eyed, optimistic cheap-boat "suckers", and I couldn't agree more, because I fell for it myself. There is a blinding stupor that falls over people as they are consumed with their dreams. Save up buy a boat that is in good shape and go sailing....
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