15k is cheap, thats a good buy...........

I'm looking for a go fast big (over 30') boat that isn't a POS when I'm done - with MINIMAL capital investment.
"time worth"...Judging from the market value of our beach house I remodeled about -$100/hour (and I did a lot of work)...OUCH!
I'm looking for a project to replace race car, operational expenses on it are too much for the return...(appx $5000 per weekend - 2 hrs of track time) and nobody in the family gets to ride along. From a labor standpoint I'm used to spending in excess of 100 hours for each hour of 'fun.'
As far as tools, I've done our car from chasssis fabrication to engine and transmission work myself - special tools - just make what I need (see labor rate above) and have a fairly complete machine shop. Obviously specality machining (i.e. bore block) I have do pay for. Engineer by trade, so I design and then build whatever I need...
Back to the boat:
I'm pretty sure both drives on this boat need to go in the trash bin...the lightweight comment was with regards to all of the corrosion.

Add another 15K for new drives. You will need at least XRs if you want to put the power in it to run 75+.

like the guys said....probably 650 a side at least.....I'm running 750 a side in a 32' fever with imco shorties and have seen a best of 106 on gps...

Well i mean big thing is hull anybody can say its got a nice body. Listen to the engine run and check the oil for water. If you have a big issue test drive it. If you got time you have time, but doesnt mean parts dont cost money. PM if you dont take the boat and want to give me the contact info or some pictures I might be interested.