Another newbie member

[Road King Cole]

Welcome to the site. I also sold a sailboat to get a power boat. We thought it would be less work...

From the sounds of it, this boat and motor needs overhauling. I don't know what your experience is, but you may want to look at finding a similar year V20 that doesn't need as much work and use this free one for parts.

I heard a saying, "there's nothing more expensive than a free boat"...

That's just my 2 cents as I wouldn't have the experience, time and back to be able to restore something like that. But if you search this site, you will see that this has been done before and I am sure it would be rewarding...

Good luck!

rkc