this could be just the beginning of your problems now that you have the lower unit off take the upper off and see what it looks like. oh you can still get a garden hose and connect the hose [to the hose that is]off the inside of the transom inner housing plate. this little tube years ago used to rot out a little [copper] causing trouble but is now made out of plastic type material and no longer a problem. after you turn on the water you start the motor and go from their. anytime you take off a mercruiser outdrive and place it back be sure to have the shifter in forward gear!like said you can get profession advice and info on this site; but you also need some mechanical skills.their are a few cracker jack wrenchs on here. willing to help. good luck and continue on. hope you get to enjoy what you paid for. another bad to the bone V20.