Hi Joe, Congratulations. You bought a great boat. What you will need as equipment, is of course a function of where you are going to sail. Your two previous boats should give you a good base of what is needed. The M15 may be smaller, but the same requirements still exist. You should have: - and anchor or two with chain and rodes - mooring lines - fenders - a reserve gasoline can, with fuel, for the outboard. I carried a 1 gallon can, plus 1 quart oil containers filled with fuel. The smaller containers made it very easy to refuel the 2 HP HONDA. - PFDs for yourself and your passengers - cockpit cushions - a pail with a line; and cleaning materials: tooth brush, large deck brush; sponges; fiberglass cleaner - a compass - charts - for longer trips possibly a GPS and a hand held VHF radio - a pencil and note pad (small) to write down all the items you want to remember when you get home. - a tool box with screwdrivers, pliers, wrenches to fit everything on the boat and the trailer, plus spare cotter pins or rigging rings; spare clevis pins for when one goes splash; a spare spark plug - galley equipment: knives / forks / spoons; depending on what you want to eat and if you want to cook. See Montgomery List for "Tool Box Galley" as an example of a solution. - boat hook - ensign and flag staff - paddle - if the wind and the engine quit Happy sailing Connie ex M15 LEPPO