Join Date: Sep 2007
Location: Santa Cruz, CA
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The sister ships on Yachtworld look to be stout boats. If you're going on the cheap 5k may be a great way to go. Sailormann's point is a good one, the expense of updating and outfitting a boat like this to a high level will more than likely not be worth the costs, but to nickle and dime your way to cruising it's worth considering, specially if you're a mechanic.
I have two friends that bought a Rawlson 30 (very heavy, very slow) with a blown motor and sailed her to Mexico sans working motor, they rebuilt the motor once they arrived. They spent 2 years there cruising, brought the boat back up the coast and sold her to get a bigger boat.