Going to introduce myself. My name is Rob. I recently bought a 1969 Mark Twain 16' boat with a Mercury 65hp Motor. <br /><br />The previous owner of the boat said they used it quite a lot, and had no problems with it. Being a boat newbie, I bought it for $700. This is from a friend, so I don't think they were misleading me. <br /><br />There was a crack in the fiberglass skin of the transom, but I thought nothing of it. <br /><br />Took it out on Friday, and noticed a little transom flex when power applied. Thought "Ok, I'll just baby it."<br /><br />Took it out for the day on Sunday, and whatever was holding it together gave way, and the shell (top of the boat) by the top left mounting bolt broke. It didn't split the rear skin of the hull, but pulled all the drain tubes out. I'll post pictures shortly. <br /><br />Found this website, and looked through the project pictures and boats. Today, I took the seats out and a circular saw out - cut into the floor. It was SOAKED, as well as is the transom and the stringers. The transom plywood actually broke in HALF - below the lower motor mounting bolts. <br /><br />So here I sit...Twice out on the lake, with only a good trailer and 65hp Mercury motor. According to oldmercs.com it's a 1967 Mercury motor, but I dont know if it has an alternator or not.<br /><br />Now, the questions -<br /><br />IF I were to decide to go ahead and pull off all the labor - what fiberglass to use, polyester or epoxy. Which did the boat MFR use, or how do I tell the difference. Do I do the work on the hull while it's on the trailer, or remove it from?<br /><br />What's a boat like this worth, fixed up and in perfect running order? Just generally, not specifically. The reason for this question, is I've got $700 in it so far. If I put another, say $1000 in it I've paid $1700 for a boat, is it worth it?<br /><br />I'd like to get a bigger boat (lol, 2x on the lake, and already wanting a bigger boat, I know) with a larger motor so I can pull up a skier. So am I going to be in the hole if I fix this up then sell in a couple years for something bigger.<br /><br />Thank you for your time in answering a noobie's questions. I have spent many hours already here, and these are the questions I have still.<br /><br />Thanks!<br /><br />Rob