I went to my local Marine Part and started out with just getting the fuel pump rebuild kit - basically a bunch of gaskets. I took the pump in and showed it to the sales guy and he looked at both sides of the pump. There are two metallic pieces that should be "floating" - you an see it below. It's the part on the right in the photo. The other one is on the other side.
One didn't have any bounce back so I replaced the entire pump ($53).

Upon further inspection he noted that I had the original pump on (he could tell be the plastic diaphram. Which upon further inspection it was torn. So between the two it could have been having issues.
Here you can see the tear - hopefully.

I also went ahead and replaced the thermostat - I read somewhere that there's a safety shutdown if the engines running too hot. I seriously doubt that was an issue - especially on start up, but it's a cheap easy one to knock out.
I fired her up the next day no issues - need to get her on the water under load AND buy a Seatow membership.
While there I priced out a carb rebuild - about $600 including parts. I watched a couple videos on how to do it, but I'll draw the line on that effort and leave it to the pros. My gut tells me it's a rebuild. Perhaps just a sticky float.
One didn't have any bounce back so I replaced the entire pump ($53).

Upon further inspection he noted that I had the original pump on (he could tell be the plastic diaphram. Which upon further inspection it was torn. So between the two it could have been having issues.
Here you can see the tear - hopefully.

I also went ahead and replaced the thermostat - I read somewhere that there's a safety shutdown if the engines running too hot. I seriously doubt that was an issue - especially on start up, but it's a cheap easy one to knock out.
I fired her up the next day no issues - need to get her on the water under load AND buy a Seatow membership.
While there I priced out a carb rebuild - about $600 including parts. I watched a couple videos on how to do it, but I'll draw the line on that effort and leave it to the pros. My gut tells me it's a rebuild. Perhaps just a sticky float.