Thanks for the tips everyone. Unfortunately the stringer is totally rotted near the engine. It gets better as it goes up toward the bow. The transom seems good so far. Honestly I wasn't planning on doing a full-blown resto on this boat, but now I'm just taking it one day at a time to not get overwhelmed because it's looking more and more like I'm going to need to gut the entire boat and rebuild it from the hull up.
I'm considering splitting the stringer and scarfing in a new section from about the middle of the boat back down to the bilge sump. The only reason I would do this is because I don't want to remove all the wood under the bow and have to rebuild all of that. Even though, sadly, it looks like that may be necessary. This is the first boat I've ever restored at this level, so kind of just learning as I go.
For context, this boat will spend most of its life on the Colorado River near Needles/Lake Havasu, where the water can get very rough.
Any tips, suggestions, or advice are welcomed