One thig worries me about that boat that I DON'T see...that model shpuld hava a self-draining floor deck...there should be two drains in the back to drain water out that gets inside the boat...those drains should empty through fittings on the OUTSIDE of the boat...those outside drains are not present, so where does the water go cuz it's gonna go SOMEWHERE...
I agree w/Rob & Jason...w/the fore deck and floor deck soft as you say, plan to pull the cap...sounds like it doesn't scare you much, but keep in mind it's a long job....the good news too it is WHAT YOU LEARN about these boats by doing a job that extensive...
I also agree w/the idea of looking around...these boats are plentiful w/in driving distance of Ral...you could look for 6 mos, find a better shape boat and still be in it, enjoying it befor you could do a cap-job on the 1st one...til you hear the motor run, that's a hidden bomb that can run your budget way outta sight...
See what happens when you hook up a hot battery and all the other things you should before attempting to crank an engine been sitting that long...
Says fuel tank replaced...if done right, that's a PLUS...if done wrong there could be all kinds of issues...is the floor deck above the tank solid?..that's one of the 1st areas usually soft on these boats..if it's solid, it was probably re-cored when the tank was replaced...what size tank did he put back in?...should be 60 gal...pop the inspection hatches in the floor and shine a flashlight in there to see if you can see spec plate...no matches or lighters please...
See the drain directly beneath the Wellcraft logo on Robs boat?

I don't see them on the one you showed us...concerns me...heres a close up on my boat
 
Whatever ya do,DON'T GET INNA RUSH...and don't think any are the only ones and don't fall in love w/one til AFTER ya drag it home...