Welcome cdlong!
I have a 1988 23WA, affectionately known around here as my "Family Truckster" (our very creative member GFS would like everyone who has not seen my boat believe the it is painted metallic green with wood grain side panels).
But seriously, my kids are early teens, and we have great time on "Saltydog" (her real name). Yesterday I took my kids and another family offshore for a 85nm round trip out of Sebastian Inlet. They have the cabin to nap/lay out of the sun, plenty of deck space for fishing (we caught 6 dolphin(mahi) and a bonita), then it's easy to get to the bow to watch Flipper (the mammal dolphin) and several of his friends show up to ride the bow. Great ride and vesatility.
As for your oil leak worries, it's most likely 2 stroke oil like Denny and Don suggested. Change the lower unit oil, if it's milky, you need to further inspect the lower unit. If the oil is not milky, refill, give it a good run, and check it again for peace of mind. However, with the age of those motors, you need to be more concerned about the fuel system and ethanol gas. Make sure all the fuel lines are updated, and use non-ethanol fuel (Rec-90).
Lloyd
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1973 Seacraft 20' SF "Sea Dog"
1988 Tracker/Seacraft 23' WA "Salty Dog"
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