Thank you for all the replies, I need to get a couple things out of the way first.
I have been saving up for this particular year and model of boat since I was 18, I was planning to purchase one in the next couple of years but I found this for sale for $7,000. It was a project boat with engines needing tuning, broken steering/ throttle/ shift cables. I knew I could handle the work so I drove down to Miami from NJ to pick up and trailer a boat for the first time. It took me a month to get it running and fixed, So far I have spent another 7k on parts to fix it and its been running amazing, I've gone out about 40 times this season and enjoy every second of it.
@Liveto99 I really appreciate your help and support, that's a great website but take no offense when I say this, If I wanted to rent a boat I wouldn't have bought one, I take a lot of pride in restoring my boat and my car. It feels amazing that I actually own a boat and I enjoy every single hour of labor I put into it.
@Betik I honestly am grateful for the wisdom and I know it would be wise to bench it for the season but I lucked out (Knock on wood), found and isolated the leak, and have fixed it hopefully permanently. I don't really go by the norm of when to take my boat out of the water for the season or when to drop it in. I was out there early april, enjoying a brisk 50 degree breeze while I had the lake to myself, I plan on keeping the boat out on the water until late October. For me this is new and when I go on the water its cool seeing my friends but I like to rock out by myself and do my own thing.. explore new areas. I was the first one on the water and hopefully i'll be the last one to pull the boat out this season.
@Beachbummer &
@Betik My plan is to change the impellers and bearings and do some extreme preventative maintenece this winter so that I can have a completely care free season next year. I tried to take off the jet unit housing, 4 bolts that hold the wear ring housing I think (attached pics) came out really easy but I couldnt seperate it from the main unit. The unit that bolts onto the transom plate was very tough. I could not break the 5 bolts free no matter how hard I tried with my hand tools. Since I found and isolated the leak I figured to leave the jet unit alone, curiosity got me and I wanted to see what was in there lol I guess i'll wait until winter to tear it apart. Also thanks a lot for sharing that video of breaking the impeller nut free, it will come in very handy ?
SO here is what I did tonight.
Firstly I took off the steering cable from the jet unit head, The 3M 5200 came off so easily, With one good pull with pliers it came out as one big chunk... I then backed the steering cable into the boat, found a rubber hose and wrapped it with electrical tape at one end, pulled the thin end of the hose from the inside of the boat through to the outside, yanked and pulled on it until the electrical tape part of the hose was plugged in the steering cable hole.
I then removed the starboard side waterbox (Big metal cylinder, the one in the middle, below the cleanout hatch) I then Filled the boat with the same amount of water as last night (about 3ft of water in the bilge),
There was no more leak. The entire outside of the boat was bone dry.
I then drained the water, Cleaned the scupper valve, It looked new and the seal was good on it. Dried the area around the port steering cable hole. Used a wire brush to clean the hole really well. I used acetone to clean up any oil or residue left by the silicone. then Used the wire brush to clean that area some more. I wanted to make sure my prep was good this time. When I originally replaced the steering cables I did 0 prep and I guess that's why the seal came free. I then mixed the two part epoxy and let it get thick and while I waited I adjusted the cable so that once I apply the epoxy I could quickly tighten the nuts on each side of the hull. I applied the epoxy (its very thin and settles at the bottom) the epoxy cures in 10 hours, and is workable in one hour so after i'm done writing this I'll be applying a second coating of epoxy on both sides of the hull to ensure a proper seal. I am going to wait until tomorrow night to perform a leak test after this epoxy has cured and will leave the water in there overnight and leave a piece of cardboard on the floor beneath the boat to see if there is any leak.
Thanks again for the replies, I will post a final update tomorrow.