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Well I’ve had 2 of them. lets start with the gas tank.
Little chance of finding one. Most likely bushings and
shafts are worn out in the gear case. Good chance water
has been left in the gear case at some time. Gears – water
pump cam rust pitted. Water pump piston worn out. Reverse
mechanism worn out and possibly welded together. Is it
there? I don’t see a tiller. Coil is no good.
Twisted drive shaft from hitting something. Crankshaft
key way damaged from flywheel coming loose. Bent
crankshaft from motor falling over. Rusty carb mixture
screw. Parts missing? If you don’t have or know someone
with machining capabilities that can make some of these
repairs the cost to have them done exceeds the value of the
motor, plus you still have the gas tank and drive gears,
if they are bad, to deal with. When looking for parts, they
were expensive.
When I had parts to sell I couldn’t find anybody who
wanted them. If it was offered to me for $50.00 its 6
of 1, half a dozen of the other if I would take it .
Tubs

A "Boathouse Repair" is one thats done without having tools or the skills to do it properly.