Overnighting does more that just make the flywheel go down farther.
Check the flywheel exocentric closely for cracks.
If the flywheel is still OK you may be able to remove
some material from the timer. If you take it off
the bottom though you may be back to your gas tank
clearance issue but you could remove some material
from where it rubs the tank.
A "Boathouse Repair" is one thats done without having tools or the skills to do it properly.