Is this worth it. Or am I in over my head...

Hey guys obviously new to the RV scene. I have just purchased a 1993 Fleetwood Southwind, 60k miles on a 454. Now I bought it as a project for only $300. it isn't currently running did not have batteries to get her running on my own but owner did get it to kick over for a few seconds with his batteries.

So what I am after is some honest opinion on is it worth the investment or am I wasting my time and more importantly money.
It wasn't in our plan to buy an RV but the original owner had it posted for $1,000 online. I shot him an offer of $800 and he quickly declined... I wasn't really looking for an RV just a project to keep me occupied during free time. Then one day a friend asked me if I could give him a ride to his buddy's house to pick some tools he left there and as fate would have it there she was the RV I inquired about a few months back. The owner saw me eyeing her down and shouted out "$500 and shes your". I hesitated to answer and just surveyed as much as I could when all of a sudden the front door of the house flew open and out came an angry wife saying this thing has sat to long and she is ready for it to be gone $300 cash and I can take this baby home. The owner threw in a couple batteries turned the engine over for a few and gave me the long story of how his father in law used the rv as a vacation spot in south florida and then he passed away. The RV sat for about 8months when someone broke into it. So then the owner brought the RV home and there it saw for what seems like 2 or 3 years and the owners house.

Now for the bad... I inspected the RV and saw the water damage just behind the drive seat on the roof and wall. And part of the cabinets in the kitchen had some damage. the front door was mangled from the break in and the rest was impossible to reach because they piled junk from floor to ceiling, but from the looks it seemed alright. Finally got her home and cleaned her out and then that's when my concerns started. I thought the leak was only because one of the skylights I'm assuming broke allowing water to get in. I started opening doors and closets and noticed the water made it all the way back to the bed room. So I started gutting her out figured I would go for a clean slate. the more I ripped out the more damage I found until finally I climbed the roof and realized 50% of the rubber material was gone and the roof was rotted away. I started to pull the paneling off the wall and in the front half (so far) the wood was soaked, as well as the wood under the carpet.

So as it sits (from what I know) It needs a whole new roof, all new walls, all new flooring, and new cabinets and furniture.

I am a mechanic so I am fairly capable of the large task at hand just wondering if anyone has taken on a project this big before and if so was it worth it in the end. What are the chances the cost will outweigh the worth of the RV??? Any advice would be great. Thanks in advance!

mowermech
Explorer
Dec 30, 2016
IMO, only YOU can determine if it is "worth it" to YOU.
Keep in mind that you will never get your money back by selling it. No matter how good of a job you do, it will never be worth what you have put into it, especially if you keep track of your hours (at $50 per hour), and take into consideration any sub-contracting you may have to do.
If you are rebuilding it for your own use, though, "worth" is entirely up to you.
Good luck.
JimInMich
Explorer
Dec 30, 2016
ncrowley wrote:
It is not financially worth while. You are better off buying one that has been well cared for.

I agree. We found the motorhome in my sig for $2950 ( includes generator ). We have spent $1200 for 6 new tires and $200 for a new updated converter/charger. It's now ready for our needs:

On the other hand, I have watched some really cool " Tiny Homes " built on TV. Maybe use the chassis and build yourself something nice.
bjcarpetguy
Explorer
Dec 28, 2016
My two cents. As has been said, most Old RV's can be restored. The ones that can't are too far gone for much else the scrap metal, and at least around here that can be a lot more costly than beneficial.
The 454 should be able to get running with only 60k. I know I have two. Both are 1987's. The biggest issue on old engines that have sat is the rubber, and synthetics on the engine and related parts. Just keep in mind a lot of guys have made many RV's out of busses a lot older. Some are pretty cool, just depends on your skill level or how much you are willing to learn along the way.
Grit_dog
Navigator
Dec 24, 2016
After the typical rhetoric and banter, myself included, the best, most accurate and concise answer is right here. ^^
ncrowley
Explorer II
Dec 24, 2016
It is not financially worth while. You are better off buying one that has been well cared for.
Jebby14
Explorer
Dec 23, 2016
it can definitely be done. When you are finished you will have your RV. it will be what you make it. That's worth something. On the other hand time is worth something also. I'd strip it, sell what you can and hold onto the 454 for a fun project. A camp ready rv is not that expensive if you are handy.
Harvey51
Explorer
Dec 20, 2016
A longtime friend of mine, a welder, had a year off work and took on the job of converting a retired school bus into a motorhome. I only saw the steel frame he built and some plans. His objective was to make the strongest motorhome ever and I bet it was. The thing is, this was his second time doing it. The first was no sooner finished than someone offered him a price he couldn't resist.

My thought for you is, if you have an idea for making a unique motorhome, it just might be worthwhile.
drsteve
Explorer
Dec 20, 2016
Isaac-1 wrote:

The way I see it is you can put $20,000 into it and then when you are done you will have a $7,000 motorhome.

What he said.
2012Coleman
Explorer II
Dec 19, 2016
Here you go - just thought of this. I just this month bought a 454 long block from a junk yard as a core for a hot rod project. It has the one piece crank shaft seal, and oval port heads. Guy at the junk yard is an acquaintance - see him at the cruise-in's. He said they pulled it from an old motor home, and priced it at $350.00. I offered $300.00, but he said he really needed the 350. so I paid the man his price.

So you have at least that much in the engine if you decide to part it out.
dodge_guy
Explorer II
Dec 19, 2016
I got my snowmobile free from the neighbor. It needed a lot of small things and a few big things. In the end I have about $800 in it. It's worth a thousand. I could've bought a running sled, but it would've needed about $300-$400. You have to look at what you have and what is available.

I would find a running/driving project with no leaks or very minor leaks. Maybe plumbing or electrical or repairing/replacing cabinets furniture. But doing and entire RV roof to floor is too much!