As far as costs go, what are you planning or willing to put into it?
The costs will swing pretty quickly depending on what your intention is;
marine grade plywood vs construction grade
poly or epoxy resins
heavy fiberglass or light
New, rebuilt, or current motor
I believe my floor alone took 5 gallons of polyester resin ($30ish/gal). Two cheap plywood sheets were $30ish each. Fiberglass can be kind of expensive. Stainless decking screws $10-20. You'll have to decide what kind of topcoat will go on... Paint and armour coating are both fairly cheap but a lot of the name brand stuff is $100+ per gallon. And it will take at least 1 gallon depending on the product.
That's all after the stringers and transom.
Your trailer will need self etching primer with paint over, and probably a new wiring job ($60 with good wire and connections but cheap lights).
I'm not sure on the tractor paint costs for the hull, or the pour-in foam cost.
Titling costs money in the states. I don't remember if you got that done yet.
The motor will be some more.
You'll miss out on at least one boating season, two or more if you're like most of us.
You'll likely only be able to sell it for $5,000 top-end with a really nice rebuild. I'd guess it's more like 3,500 or less but it all depends on the buyer.
All that to say, if it's the ideal boat and the money's doable, go for it! You can save as you go which is nice.
I could have started a weekend gardening business and bought a new boat by now
Some others might have a better idea on all this.
