Thanks guys! I have a history of flipping boats...This is my 4th boat in as many years. On every boat I've made money on the resale. The first was a Regal boat that was rotten. I was very inexperienced at this point and made a mistake. This boat I parted out. The next boat was a 21' Chaparral bowrider. The boat was immaculate, but mechanically needed love as it sat in a barn for 11 years unused. Bought it for 3k, put in 4-5k, and sold for 11.2k. Next boat was a 24' Chaparral cuddy. Bought it for 10k, put in 5k and sold for 17k. This boat, I bought for 17k. Although I'm very experienced and knowledgeable about boats now, I missed the hidden aft bulkhead. I have about $500 into this boat right now. The trailer doesn't count as I will easily end up making money on it at the end of this resto. Also, the hard part was getting a place to work and getting the engines pulled. Guess what? That's all done! Now begins the fun and the more I probe, the more I realize the rot isn't as bad as I once thought.