Re: Wow.. I need some advise here...
It will break your heart, but walk away now. Do you know what dealing with Italian lawyers and estates would be like? You will have no end of trouble with the paperwork. There are lots of boats at great prices right now; you will find a new love.
Ask the current owner to reimburse you for repair costs - he's the one that benefits. If he says no, consider it an omen. If he does, count yourself among the lucky.
T. P. Donnelly
S/V Tranquility Base
1984 Islander 30 Bahama