After almost three months from offer to settlement, as of May 7, we now own a 1998 355.
We had to work through some issues, the main issue was the previous owner owed about 30k more than we were willing to pay, so he had to work though this with his bank. It was sitting on the hard for three years so it definitely needs some work. we also had some survey issues such as chatter from one of the flex plates (thanks for all your help with this). Other than this there were only minor issues. In the end it surveyed for over 30k above what we paid, and has solid hull and decks, so I believe we made a good purchase.
We had it hauled today for a double compound and wax. Next week all new canvas. A couple pictures attached.

Oh, forgot to add the new name..

Suspicious Fishes !