I'd go for the Morgan if you can pick one up at that price,
you could probably turn it over for a profit.

FamilySailor wrote

requirement as far as I am concerned. I almost bought a Morgan 41' out
islander, but decided not to make the investment because they don't point
worth $#!t and the price was only $10,000. It had a 56 horse inboard to
make
her point better though.