* 1977 H14 with trailer
* Sort of a burnt-yellow color. (Decks, hulls, tramp.)
* Relatively new non-factory mainsail that looks to be in very good shape.
* Missing one drain plug
* One new rudder (presumably the other is original.)
* One soft spot on port hull about 24" ahead of rudder approx. 14"x14"
Whaddaya think? Good cheap project boat? I figure if I clean it up real good, fix the soft spot, and maybe paint it and the trailer I could sell it for a profit next year. I mean the trailer is probably worth $250 by itself, and a like-new mainsail isn't cheap either. Am I on the right track?
Mebbe I could put a roller-furling jib and a single trap wire on it too. Thoughts / comments?
Thanks in advance!
yes.
You probably have $250 in parts, so can't go too wrong.
The soft spot is not hard to repair, but it can be a bit tedious and messy. I've done it three times to my first old boat. Its a '77 Tequilla Sunrise. I've noticed some new, but small delaminations ahead of my oldest repair. I'll see what its like after the 2005 season, but I fear the boat is gasping its last breath.- The hulls are just getting too old and abused.
For you I'd recommend a full look-see of both hulls for blisters in the gel coat. That may indicate moisture damage to the hulls and the potential for continuing delaminations. And be sure your mast is straight.
Well, I did it! The shakedown cruise shook some things down, too. 
Read more about it at www.JaimeZX.com/Boating/Hobie/H14 