Re: Johnson Seahorse 10 HP
I agree, they are excellent motors, subject to the ills of wear and tear, and age.
An age problem could be the magneto coils. They are usually bad unless they have already been replaced. The owner probably won't let you tear into it to check them, but at least ask if they have been replaced. If he dummies up, that can be a price talking point. They aren't a big deal to replace, but allow about $40 for parts.
Another wear and tear item unique to the 10hp is they would beat the wrist pins out of the pistons. To check this, remove the spark plugs and stick a screwdriver in the holes and follow the piston up and down while slowly turning the flywheel (don't push on the screwdriver, just follow the piston). When the piston is about halfway on it's downstroke, stop turning the flywheel, then give a push on the screwdriver. If it moves more than a microscopic bit with a clunking sound, the wrist pin is loose. They can get amazingly loose, but sooner or later they have to be dealt with. Repair involves new pistons, wrist pins AND connecting rods.