Thanks, forbes. Much appreciated.

I already had thought to replace/repair wiring and lighting as needed. I'm a wiring/harness tech by trade, so that will be easy to do. LED's are my go-to now; the bike I built (a 1975 Harley) has all LED's because they draw less and won't be damaged by vibrations.

I don't intend on pulling the boat from the water to check the hull initially. I'll play with it for a while, and if I decide that dumping money into a sailboat is a good decision...or one that won't lead to a divorce...then I'll go that route. If we love the experience, I imagine refurbing the boat to good (not new) is cheaper than buying new in the same class. Am I wrong in that?