Robby's deal.
Just remember that you can buy an H37C in pretty good condition for $30,000. So a boat in that condition would have to be really cheap. And I would want to know that there was nothing major with the engine.I bought a decent H37C and easily have $15K in it including new sails, A/C, radar, new refrigeration, and ten new bronze portlights. And that is not counting labor(all mine). I also never understood how some of the guys managed to do so many time-consuming upgrades. I only wanted to be sailing. Now that I am retired I can see that I might get some things done. But the kind of repairs you are looking at are going to take a lot of time. If, like me, you enjoy the work then this is a non-issue. Best of luck with your decision.