There is an element of risk in buying
any boat. The less you know the less you are able to assess the risk.
It sounds like you like the boat but are uncomfortable with the risk.
in poor condition suggests that other parts
of the boat are also going to be in poor condition.
My bitter experience has taught me that a boat in really good condition requiring no repairs
, updating or modification is the preferred method.
Unless this boat is the bargain of the century it might be better to give it a miss.
Save your money
, save some more and get something smaller and in cream puff condition.