1984 Yamaha outboard 115 smokes all the time

Racer7485

Cadet
Joined
Jun 17, 2012
Messages
7
I'm trying to figure out how to determine what is wrong with my 115. It smokes all the time, seems less off idle. Also seems a little doggy getting out of the water, but seems to run fine off idle. Checked compression and two cylinders had about 120, one had about 110, and the third had about 95 but seemed to drop about 5 to 10 psi after stopping cranking. Does it sound like a valve problem? Also i don't know if it is related but the oil out of the reserve tank leaks out when going down the road or when the motor is in travel position. It would occasionally do this before but now even traveling a few miles the tank will be empty. Oil leak started end of last season and got worse this year, smoking all the time started this spring.
 
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