Long talk with the saiilboat owner by phone. Confirmed the boat is a give-away; he explained that he had moved and just wasn't using the boat enough to justify the $600+ per month it was costing him to berth, insure, etc.

Turns out he and I grew up in the same town, and the boat was made in our hometown by a world class boat maker that is still in the luxury boat business. Had what seemed to me a candid conversation about what the boat needs to get "up to snuff."

We'll see what the inspection next Tuesday reveals.