On the plus side they are very easy to take apart, like other GM marine engines, if you ever have to replace the head gasket and do a valve job.
To avoid problems make sure that:
The boat is propped correctly, if the engine does not reach max specified RPM it will cause very high combustion chamber temps and that is known to burn exhaust valves and can blow head gaskets
Make sure the timing and total timing advance is correct
Use proper mid range fuel, no matter what people tell you, as the engine accumulates a bit of carbon build up over time, the octane requirement of the engine increases over time. So if regular fuel was OK when new it may not be now. I'd use at least 89 octane if not 91 or 93 depending on what's available to you.
Maintain the exhaust system properly to keep water out of the cyls
Remember inboard/outboard power trains are high maintenance by design. There is an adapted auto engine, a transom mount and outdrive. Outboards are designed from the start to be in a boat.