Big Risks!
It sounds like you love this boat but love can be blind...Do you really want to trust your life to a boat where the integrity of the hull is suspect?,,,.
I do love it- it's a beautiful 40x14 double ended Collin Archer deep-draft design- looks like it can handle almost anything (if treated well). I can see the potential of it, of what it once was and could be if there's a way to fix that starboard side and the engine room cement. It could be a boat like
"Hannah"
... but maybe the layup was just not done well enough. It was in one go, from what I can see so far- nothing yet to indicate otherwise.
However, that engine room and the now beginning to show aviary wire on the starboard side is just.... I look at it and think about HOW MUCH WORK it will take to:
(a) replace the engine room concrete, and possibly some other areas of the hull, including welding some new rebar at least into that 3x3' patch.
(b) fix the swelling wire on the starboard side -it will take someone WEEKS to grind back and figure out if it's even WORTH moving forward on, or scraping the hull as having lived it's useful safe life...
(c) Replace the aft deck -this is a fairly easy job but then more time and money. Especially with boats out there for the $10k we'd spend in repairs that only need things like a new mainsail and paint and some stays replaced or somethings.
No. I wouldn't trust my life on this one with that engine room.
If I could find someone who could do the work, I'd offer the owner the price of what we could sell off what we could salvage off it if things went bad, and offer that before we seal the deal, we get someone to begin work on the engine room -demo the cement back there and let's REALLY see what's going on. Then IF everything is as they say, and it can be repaired well (and it's not a crumbling rust bucket once some hammers hit it), then we'd purchase it and WE'D finish paying for the repairs to get it worthy again for cruising. If it WASN'T as hoped, we walk away, only out the few hundred (the cost of any other attempt at deducing the condition of the hull and a survey) and knowing for certain it wasn't worth more of our time.
Then they'd also know if it was worth paying even yard fees for or salvage what they can and scrap it also.
Being that they're asking around $9k currently, if it could be gotten for 1/2 that and the repairs done for another $4-$6k with finishing, we'd consider it. But I'd have to have all that dark cement removed and someone who knows how to do it. So far I don't know where to find someone who could do the job.
I think that's the only way I'd get into it. I guess we'd see how much they want to part with the boat, and if it's actually worth fixing. I've looked over the rest of it, and besides the aft decks, mild steel fuel tanks and that old leaky engine, it's in decent enough condition for the price- IF that hull isn't garbage.
If I could just find a good 36-42' wide-beam flush-deck Collin-Archer style ketch, with good bones and all basics in decent shape, we'd jump on it in a heart beat. Everything we're finding has either deck rot, no interior, no rigging or masts or missing almost everything from some project someone can't do anymore. Or it's $30k-$40k USD -
twice what we have all total for even living and food for the next two years.
Any input on band-aiding beginning to show aviary wire,
if all else is good on a ferro boat?
If the engine room demo revealed all was as said and good, outside what is anticipated, and we could sail the boat to Asia (where people work on these things all the time and rely on them for their livelihood), and get the rest of the hull work done over there.. If the armature IS good, and minimal rust, how long you think one could stagger it along -a year, maybe two -with a good epoxy sealer????
... my guess is that aviary wire on the starboard side has been slowly rusting for 10+ years, and it will take a few more before chunks begin to come off, as it spreads to the layers of aviary wire below it.
We are still looking at other boats constantly, but I have this one on my back burner... Yeah I love it.
AND it's a HUGE, RISKY project to get involved in.
Thanks for the help so far!