Considering a V20 as a first boat! What to look for?

[newboater]

I am a complete novice to boating and am looking for my first boat. I found a 1984 V20 Center Console which looks to be in pretty solid shape. The guy is asking about $3500 and says it runs well and is a good boat. I don't live on the coast, so it's primary function would be to take our 3 person family out on the surrounding lakes and fishing with my dad.

I'm in no way expecting this to be a new boat, but how do I check on the status of any inside wood? Also, what should I look for when inspecting the boat? Anything to check that is specific to this model or for a boat of this age?

The other worry that the boat has the original outboard motor on it, a 200 hp Mercury Blackmax, which I've heard terrible things about. The owner didn't mention any rebuilds or anything about the hours in the ad, but he's recently replaced the impeller, housing, wiring and ignition switch.

What are your thoughts on this boat? I like what I'm reading about the v20s so I hope that this may work out, although I am worried about an older boat as my first boat.

Thanks in advance!