Good deal. Check the bottom edge of all the bulkheads, they look like they are all painted and they use to be stained veneer. Push the bottom edge, I bet there is rot there. Looks like the compression post is new as that should be stained darker and close to the edge trim, which I think is teak. Good news is there are tons of O'Day25s around still and you can fix everything within reason but takes time and money.