Welcome to the site. Good that the transom is solid. That's one of the weaker spots on the V's due to dry rot of the wooden interior. I went to school in Wi, so know about the weather up there. You're right on the money that it's not boat fixer up time. Put a cover over her and wait till the sun makes things warm again. Last thing you want is something snapping due to being brittle from the cold. Soft spots under the floor are an indication of rotted stingers. There's lots of discussions and threads here about how to go about fixing them. Just do a search. In all cases, once again, welcome aboard. Don't hesitate to ask questions, there's lots of guys here with decades of experience on these boats that love to share their knowledge.
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1987 V20 w/1987 150HP Yamaha on a Shoreland'r Trailer
1978 16.5 Airslot w/1996 120HP Force on a Four Winns trailer
1996 V21 w/1993 200HP Mercury on a Shoreline Trailer
All towed by a 5.7L Hemi Durango.
If God didn't have a purpose for us we wouldn't be here, so
Live simply, Love generously, Care deeply, Speak kindly.
(Leave the rest to God) 
Silence, in the face of evil, is itself evil. Not to speak is to speak, not to act is to act. God will not hold us guiltless.
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