How can I say this with so many saying run away.....
A boat like this is how I ended up with a 48 and not a 37.
I made a crazy low 1/4 price offer on my boat, and they took the offer. They knew it needed serious work, and not many were willing to take it.
2000 hours of labor later, and I am 95% done with the repairs
I needed to do to bring the boat back to perfect. I did all the labor myself, and have about $4000 in materials. It saved me $100,000.
Do you have the time? Do you have the ability? That is the question.
If you need to hire someone to do this job, pay someone to do an estimate.
I would suspect its a 40,000-60,000 job if done by a pro.
I would offer no more then 40K for the boat, and see what they say.