* 1977 H14 with trailer

* Sort of a burnt-yellow color. (Decks, hulls, tramp.)
* Relatively new non-factory mainsail that looks to be in very good shape.
* Missing one drain plug
* One new rudder (presumably the other is original.)
* One soft spot on port hull about 24" ahead of rudder approx. 14"x14"

Whaddaya think? Good cheap project boat? I figure if I clean it up real good, fix the soft spot, and maybe paint it and the trailer I could sell it for a profit next year. I mean the trailer is probably worth $250 by itself, and a like-new mainsail isn't cheap either. Am I on the right track?

Mebbe I could put a roller-furling jib and a single trap wire on it too. Thoughts / comments?

Thanks in advance!