Your admiration to save a camper is commendable! The "project" will be a big one. It may take over a year or more to do pending on the time you have to work on it and if it is being done indooors.
Something to mention first, just about all the labor to do the work your husband and you will need to provide. Hiring something this large out will be worth more then the camper a few times over. Shop rates of $75 to $120/hr are common and there will be hundreds of labor hours.
OK with that aside, it is doable. This thread can help on a new roof so you can see some what will be involved. http://www.sunlineclub.com/forums/f7...avy-16834.html
In that roof repair case, everything inside the camper was in very good shape. Did not need to correct anything inside. The repair was done from the outside. The post shows the costs and the time between the 2 of us doing this repair inside my barn. If the inside needs to be repaired, the time and cost will increase as it depends on how many cabinets need to be removed etc.
This post can help show a project camper I'm working on. I have not made it to the fix it part yet, but this is the take it apart phase. On this project a new roof and new inside back wall and part of the floor needs redoing. But the rest of the camper is not that bad. Once rebuilt it will be a good sound camper. But again, this is a 2004 camper so all the appliances are newer. http://www.sunlineclub.com/forums/f7...avy-17684.html
You can spend a good amount of time fixing up a newer camper and spend a smaller to moderate amount of money. The older camper, once the structure repair is done, then the appliances have a set of concerns to them and how long will they last? Money can go quick if several of the appliances will need to be replaced from the word go or a year after using the camper.
How long do you want to keep this camper? and there is an insurance part of this too. It may be possible to have RV insurance that after the repair is done, you get it appraised and the value be declared higher then a standard 1988 camper. And then the value can be locked in verses an auto policy rider on a camper that will continue to depreciate. In case something happens to the camper, a tree falls on it, fire, theft etc one of the large disasters you would be covered. But it takes that special insurance to do this.
What you are wanting to do is possible and the materials may fall in under the $5,000 not including appliances. Like Vcrt stated, if your budget is $2500 to $5000 you can find another water wet camper that is newer and will not take as much to repair.
Hope this helps
Current Sunlines: 2004 T310SR, 2004 T1950, 2004 T2475, 2007 T2499, 2004 T317SR
Prior Sunlines: 2004 T2499 - Fern Blue
2005 Ford F350 Lariat, 6.8L V10 W/ 4.10 rear axle, CC, Short Bed, SRW. Reese HP trunnion bar hitch W/ HP DC
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