Wouldn't scare me away but I would be getting a better handle on that soft spot in the
deck, and having a real good look at that shafting for
corrosion, the crap on it in front of the
packing gland could just be
salt but it looks like someone used regular
steel washers under the stainless nuts that hold the fitting on to the shaft log, that's a no-no! You have a little
battery going on there between the
bronze and the
steel, there doesn't seem to be any shaft-brush, so what's protecting the shaft and
propeller, a shaft zinc I hope. Neither problem is a deal-buster per say, but how many other things are"not quite right?" Usually if a simple screw-up like the wrong washers on the
packing gland haven't been rectified by the present owner, the rest of the vessel maybe similarly neglected to the point where either you get a real good
price and you fix what needs fixing or you walk away and look at more boats. Lots of boats for sale!