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Hey all, thank you both for your responses. I am the proud new owner of a 1992 Boston Whaler 16SL!

Took it for a spin this past weekend. The impeller/water pump needs replacing as the motor wasn't "pissing" like it should but in all it is a very clean engine. Started right up with a new battery. I have it out of the water now, and the hull looks good -- it was painted and there are just a few barnacles that I'm going to pressure clean away. No blistering that I can see. Some tannin stains at the water line (we are brackish here) but those are coming off easy with a very fine sand paper and elbow grease. Once I get the hull clean I will likely do some touch-ups on the paint but overall it looks really good.

Turns out the boat was repowered in 1999 with a Yamaha 90hp. It has a hydrofoil. When we got it up to plane and it didn't bounce so hopefully porpoising won't be an issue. Gas tank replaced in 2007 with a 22-gallon .125 gauge aluminum tank.

I do have a question about water in the aft well on the port side -- there's a drain hole from the gas tank to the well -- because the tank is 22 gallons and not 24 like the manufacturer's tank, will that pose a problem with draining? Should there be any water around the gas tank? As you can tell I'm fairly new to this haha. I can include close-up photos if you'd like.

Also, there is one small crack where the starboard console meets the end of the gas tank cover. The top is solid but there is deterioration underneath. Photos below. As the top is solid, is there a way to get this repaired without replacing the entire panel? I will dry it out and fill the hole on top at the very least.

The boat will be sitting out of the water at least through the weekend -- I will keep an eye out for the drip from the drains -- hopefully nothing to write home about!

There are some hairline cracks in the gel coat, particularly on the port side (got the most sun there). I'm not going to go crazy, but if you all have some advice on how to seal them it would be welcome. Other folks have told me to just give it a good wax and accept that it won't be perfect ;)

And finally... some photos...

In the water...
[url]http://i1313.photobucket.com/albums/t546/boatsboatsboatsboats/boat-in-water_zpsf057390c.jpg
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Drying out...
[url]http://i1313.photobucket.com/albums/t546/boatsboatsboatsboats/boat-out-of-water_zps57933e52.jpg
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The crack below the starboard console that I was talking about...
[url]http://i1313.photobucket.com/albums/t546/boatsboatsboatsboats/glass-crack_zps6e4a02ca.jpg
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The fiberglass below the crack -- will definitely need some repair...
[url]http://i1313.photobucket.com/albums/t546/boatsboatsboatsboats/glass-crack-bottom_zpsbba18f56.jpg
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Gas tank (pre-cleaning)
[url]http://i1313.photobucket.com/albums/t546/boatsboatsboatsboats/gas-tank_zps23f228d3.jpg
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Thanks again all!