Hello everyone. I am a newbie to this so please bare with me. Wife and I have decided to get us a pontoon to play on the lake with. Here is where I need the advice. Have opportunity to purchase a1993 20 foot pontoon. Has full deck.trailer all rails helm but no seats ( perfect as I was looking to build a "camper" on the deck) boat was purchased at local auction so current seller has no title. Had Merc 1500 engine says compression test shows all cylinders above 100psi. Also no title. Can get boat, trailer and motor for $2,000.00. Is it a bad investment meaning I won't be able to title boat? I live in Texas. Also the pontoons are 20 footers was wondering if there is a way you could "extend" the pontoons as I would really like a 25 - 30 foot boat as when project is complete will have a pontoon houseboat. Is The Merc 1500 a 150HP? Is it much motor as well as weight? How could I run it on current boat with damaging or sinking it? Thank you. As this shall be a family project and 1st time at it. I am a mechanic/fabricator by trade. ..49 years old.