I can't say as I'm clear as to why you're willing to purposefully devalue your time, in order to effect these
repairs. And devalue it down to what souncs like pennies per hour.
When, if you purchased a
boat not in need of serious
work, then you could spend the same time working at your job, where you get paid substantially more per hour. That, & enjoying sailing the
boat, while configuring her to suit your desires... along with "the usual"
maintenance which comes with a "new" boat.
Or, you can get several bids by yards to do the
work, & have those figures (substantially) discounted from the
price of the boat.... With some padding, for the ever present over runs & hidden surprises.
It only makes sense to get those figures/bids, regardless of what path you choose, should you decide to purchse the boat. So that then, you have a realisitc idea of what the boat's really worth. Plus what it'll take in order to bring her back up to a basic level of seaworthiness... Not including all of the things which you'd like to do to the boat in order to have her suit your tastes, & or inteded uses.
And all of those items are worth writing down as well. Along with their
purchase prices, &
installation costs (including the consumables & tools needed to install them).
Then if you choose to do the labor yourself, you'll have X extra dollars in your pocket. Thanks to the bid estimates having given you some hard data with which to bargain. And it'll also "give you" the fiscal option of having professionals do the work. So then what
route you choose go is up to you, sans having your wallet having a meltdown.
And, BTW, when considering the full on
DIY repair thing, honestly ask yourself some of these questions: How much do you like itching (from grinding fiberglass) for many months. That, plus "playing" with toxic resins, chemicals, solvents, & paints?
Along with eschewing the vast majority of your social life, due to working long hours on the boat; in an area removed from where people congregate & interact.
In addition to wearing; ear plugs, eye pro, rubber gloves, a respirator, & coveralls with a sock hood/shower cap, for most of the
rebuild.
Ergo, making contact with other humans that much more difficult. Plus, such isn't quite a GQ type wardrobe. And it does impact who you meet, & how you're percieved... I'm just sayin'.
I say this, having rebuilt 2 boats in light industrial parks, in SoCal. Both of them at 6 months+ per. So I'm familiar with the lifestyle that such generates.
Oh, & don't discount the possibility of your tools "growing legs" too, @ some point during the
rebuild. Especially given the proposed locale for same. That, along with the possibility of sensitizing yourself to
epoxy, & possibly other things, for the rest of your days on this rock.
Plus, there's still the basic question: Why buy a boat with semi-known structural flaws? Especially as fixing them
will cost Way more than projected. Even with you doing the labor.
PS: Did you read the article by Nigel Calder? And also, if you do
wind up going ahead with this, might I suggest budgeting for having a helper for some of the
project. Ah, & before you hire them, first have an attorney draw up whatever paperwork is necessary, so that your heine, & assets, are covered.
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