Long distance tow

I have an opportunity to get a really good deal on a 88 v-20 cuddy ( free :D ) with a 1996 175 Ocean Runner.
Its my Dads boat and has seen minimal use the last few years.

Thing is , its in Florida and I'm in Mich. As luck would have it, the family and I are driving down over Christmas.

I have a 2005 Durango (12,000 miles)with the 4.7, no tow package so I would have to have a hitch installed.

I can see this thing all set up for Salmon fishing but the tow back bothers me a bit (1,300 miles) Especially since I will have the wife and kids with me. :-[

What do you think ?

Freebe