Join Date: Sep 2006
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You probably don't want a cheap fixer upper. You get what you pay for a lot of times. A neglected boat is a money pit. With a cheap boat you migtht end up spending a lot more to get it into good condition then a boat that is already in good condition.
The most recent boat that I've bought was in good shape and still required a lot of money to put into it. For example a coat of bottom paint, engine maintenance, a new cushion, wood finish, wiring, gadgets. All of these little things add up.
However, there are deals to be found, so check the boats out. They may be worth while. If I was to take these boats into consideration, I would put look at these items (in order of importance)
1. Soundness of hull
2. then the soundness of rigging
4. systems (water, Head, electrical,etc..)