After further thought... I think I'll pass on this one. The saltwater issue has never had good results (for me anyway). And I'm really not looking for a project boat. Anyway, if it's still around this summer, I might look again.
For anyone that's interested, I encourage a call to Carl. He said the Owner really wants to move this boat and that it could possibly sell in the high teens. He needs offers. That's a 32 with twins and a trailer. That's cheap boys!