I bought a 93 glassport 20ft. It is similar to a hydrostream. When i looked at the boat i knew the seats needed to be replaced because they were severely rotted,faded and cracked. I thought that the floor was solid (feels solid). I bought some new seats and was going to put them in, but after inspecting further I realize now that the boat is waterlogged? I drilled into the floor and the wood is wet. Some areas of the stingers that i can see are not covered with fiber glass and i can push my finger into the wet rotted wood. I drilled in the other areas of the stringers and the wood is wet and smells moldy. Apparently all the wood must be saturated with water or most of it. I dont know what to do now. I paid 2800 for this boat. It has a 91 200hp yamaha with good compression mounted on the transom. I like the hull design (tunnel hull) but I dont really want a big project. I dont mind sticking some money into this, but I dont know if it is worth it. I dont have much time or the space to work on this myself. Should i just part this thing out and cut my loses? What needs to be done to repair? Input greatly appreciated