Oops, we bought a boat

This is the soon-to-be saga of our Bluenose sloop. My friend Charlie and I have been eyeing sailboats since taking a sailing course last year in Santa Barbara. We can get down there occasionally to charter boats, but we thought it would be nice to have something closer to where we live (on the Central Coast). Morro Bay has a harbor and we looked at a couple of boats here. The deal is that most of the boats for sale are really about getting the slip or mooring. There is a waiting list for both, right now. We stumbled across a Craig's list ad for a "1968 McVay Bluenose Sloop," selling for a good price, and comes with a slip. The most recent owner had it for a year and never sailed it. It needs a little work, but I think could be in sailable condition in not too much time. It is a 23.5 ' boat with a fiberglass hull, designed in Nova Scotia and, from what I can gather on the internet, a bit of a rarity, particularly on this coast. Eventually, it will need a scrape and paint, but we are going to try to get out on it as it is. The cabin is only for storage and I believe this was mostly designed as a racer. The open water can be a bit rough out this way, so our intention is to sail it mostly in the harbor (and possibly get a trailer to take it on one of the local lakes). The marina lies in an area where the water drops to 4 feet at low tide, so it seemed a boat with less than a 4 foot drag would be a natural. The outboard motor is in reasonbly good condition, so our plan is to motor it out tomorrow on a maiden voyage, sans sails, and see if it is seaworthy. Then we will start working on the sails. I'll try to get a picture of it tomorrow if I remember to bring the camera.