Mine came with a 200hp Johnson outboard that needed lower unit work. I fixed that up quickly, and the next problem was fuel cell cover section of cockpit floor, as well as another removable cockpit floor cover. I did a search on internet, seeking some diy guidance, as well as material and repair techniques. To my surprise, the best place I found was right here. The really great thing about that is, they are located in the same town that I live in. I went to their location, and they had me well on my way to getting those floor covers rebuilt to better and stronger than new.
This year I decided to pull and sell the 200hp Johnson, and replace it with a pair of Tohatsu 115s with only 100 hours on them. I bought them for an extremely good price. I knew my transom had some moisture in it, so I decided after pulling the engine, to thoroughly check it out. I started by removing the dreaded aluminum angle molding hiding the seam of the exterior notched area of the transom. I probed around with an awl and found plenty of soft wood underneath. Next I decided to remove 2 1/4" gelcoated strip on top of transom notch. My thinking was that I would dig out the bad wood, which of course would not be too much, and then maybe fill it with Seacast or similar product.

Well, this is what I found. Pretty soft wood that I could easily push a screwdriver through anywhere.