The two cylinders are off already. They were taken off by the previous owner. Water leaked into the back cylinder either via the companionway hatch or through the exhaust when the boat was pulled out of the water by not keeping the boat level? The cylinder was supposedly rusted and the engine would not crank. In general, the engine looks good.
I will pull the engine tomorrow and start a nw thread in the maintenance area most likely to show the status of the project.