One step forward, two steps back - The mechanic took a good look at the E-Tec and said I am better off finding another motor
It has good compression but the fuel system is messed up from sitting, there is an exhaust leak at the base probably due to a bad trim & tilt assembly, the lower unit had water in it, and there were multiple overheats when he scanned it. It has about 1100 hours on it. Guess I will list it for sale as a parts motor and hopefully get my money back out of it.