Ayuh,..... Welcome Aboard,..... That hose appears to be a drain for the flywheel cover,......
If there's water comin' out of it, the core plug in the back of the block is probably been pushed out by frozen ice,....
Ayuh,.... Welcome Aboard,...... If you pull the props off, 'n clean 'em up, you should be able to find numbers on 'em, that'll tell ya the pitch of 'em,....
Sometimes it's stamped into the barrel, other times cast into the hub, under the nut,....
Ayuh,..... Pull the ram off the drive, hold over a catch can, 'n manually pump it a time or two,.....
It'll then be nearly empty of oil,....
Fillin' is done by puttin' things back together, 'n runnin' it full up, 'n down a few times,....
Ayuh,..... Welcome Aboard,........
You stated the make, but not the full model of yer motor,..??......
There should be an alphanumeric model designation,.....
Ayuh,..... Welcome Aboard,..... Is the oil low in the tab pump, or the drive,..??
The tops of the tab struts are solid, except for the fitting inside the hull,....
Ayuh,..... Welcome Aboard,...... Yer gonna have to crawl in/ under there, 'n Look,.....
Btw,... a camera can put yer eyes where yer head won't fit,.....
My guess is, the 2" thick part of the transom is only the flat area, not the "bulbous" part, which is more likely 1/4 to 3/8" thick,.....
Ayuh,..... Welcome Aboard,..... What does the paper work that came with the trailer say,..??
If you've got No paper trail, you've pretty much got a pile of steel, 'n not a trailer,.....
How tough is goin' to a "Homemade" registration in Pa,..??
Ayuh
Ayuh,..... Welcome Aboard,..... Wise choice,....those transoms are not dead flat either, which complicates goin' from side to side,.....
'n bedsides that, the transom just needs to transfer it's load to the stringers, which is what the original did,....
Ayuh,..... Welcome Aboard,...... Back at the key switch, Is the power at the battery terminal, the red wire,..??
When turned to "Start", is there power at the yellow/ red wire,..??
When in "run", is there power to the purple wire,..??