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Beninga: I have never restored a Momtauk but I am currently restoring and using a 1974 Outrage. From my own experience and the information I have acquired on this site I have a couple thoughts. Knowledge of the boat's history can be very telling as to what is in front of you. Is it salt,fresh, kept in the water or out, covered? How many hours on the current power? One concern on most older boats is how sound is the hull relative to moisture content. Is there evidence of water penetration through glass fractures, drain failure and ultimately the weight of the boat. If you have a boat that seems fairly sound and not abused, the most likely necessary expense will be bring the motor (s) up a safe level of reliability. If the power is old, it can be difficult and expensive to fine high quality talent to bring them to that level. You will likely need to replace all fuel related tubing as original lined were not compatible with today's fuels. One thing for sure, if there is a project you want to tackle, you will get tons of help from lots of experience right her on this site. Good luck and enjoy your new ride.