[BarryL]

Hey,

A few questions:
Are you buying the boat to keep and sail, or to fix up and sell?
Are you going to to the work yourself or pay someone to do it?
Will you happy with a boat that is sound mechanically and decent cosmetically, or do you 'need' something that looks bristol?

IMHO, it's real hard to make money buying beat up boats, fixing them, and selling for profit. It's also real easy to make out well if you just want to sail a decent old boat. You can purchase solid old 'down on their luck' old boats, put in a lot of time, hopefully not too much money, and have decent old boat that is safe, fun to sail, and PAID FOR.

Specifically, the Legend 40 models have a decent reputation for being good sailing boats that were decently made. Of course, since I have no specific information on the boat you are considering I can't help much more.

Good luck,
Barry