I've looked at a lot of boats like these.
If you shop at WalMart, you usually get WalMart type products. (as Paul said, using different wording)
First, finding a good cruising boat in the listings is a rare find.
Second, they are usually trashed beyond belief to the point where if you just bought something on the standard boat market, you would be *saving* money
I got my Catalac
for a reasonable price
and guess what?
I had to put in:
Tune the rigging
Remove some prop cages that were slowing her down
Mess around with some incorrect wiring
and... that's it!!
The boat itself was in amazing condition and had no "boat list" at all. Just those items above, a couple of which (batteries and windlass) were paid for by the seller!
So... I got basically a perfect boat for a nice, fair price
Try and shortcut things and you may end up with a project
boat that will cause you severe frustration, and may end up costing more than one in good shape would cost.
And... don't forget to factor in your personal time in re-fitting. It can be a big money
loser missing work to refit