This situation is just getting weirder and weirder. The mechanic spent some more time with it a little while ago. Used a high powered magnet and fished around the bottom of the bilge and found a few little self tapping screws, a small hose clamp and what looks to be a bolt that might be for the enclosure but no manifold bolts. He also found there were only two bolts holding the manifold in place and both were hand tight the rest were all gone and no were to be found. The other side of the motor is all perfect all the bolts there all nice and tight.
I called the former owner who also owns a marina not that it matters but he swears the motor has never been touched other than maintenance. He bought it new and sold it to me. He did some out drive work plugging the front intake holes, finishing and painting it and changed the water pump to a brass unit this was all by recommendation of Mercury but that is it. The guy was completely surprised by the issue and I am a fairly descent judge of character I really do not think he is telling a lie. I could be miss reading him.
Is it possible for something like to just happen? Does the exhaust manifold have to come off to change out the water pump possibly? Maybe they didn't put lock tight or torque them correctly? Just seems odd low hours and only one side.