Although tightening the stuffing box did the trick for stopping the 'big' leak, I noticed a couple other issues yesterday evening. After running the boat for a few hours - oily water is still collecting in the bilge, and the oil pressure seems to drop. There is also a deep knock...never good. It looks like the water is coming from the water pump (not a huge deal), but I cannot determine where the oil is coming from.
I don't think it is a rear main seal because my loss of oil seems to coincide with engine rpm.... hmmmmm.....maybe time to go back to an outboard.
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