A boat is primarily a hole in the water that you throw money into.
A few years back, (1984-5 or so) my business partner bought a new boat and essentially gave me his old boat.
An older but still pretty nice tri-hull with an 85 HP motor that ran pretty good. First I had to put a new floor in the boat, new carpeting, new seats, then a new power pack on the motor, then then had to dismantle the steering cable and rework it so I could steer.... when I got transferred to Dallas area, took the boat and discovered I needed a new power pack and wiring harness.... when I was transferred back to Houston, I left the boat in Dallas.... A free boat cost me somewhere close to $1500 and I only got to use it about 3 or 4 times...
The two happiest days of a man's life, 1. when he gets his new boat.... 2. when he sells his new boat.