just bought a used '87 glasstron. Didnt notice milky oil on dipstick upon purchasing. Finally got it in the water today. The engine imediately got hot and seemed to not be pumping water. Shut down engine and returned to dock. 
Where do i start to determine why im not getting coolant to engine. I think exhaust may have been coming out of the water inlets on the back. Do I need to yank the manifold off to inspect it for cracks.
Could the manifold also be my water in oil problem.
Not sure about the total history of the boat. I know it is a freshwater lake run.
If it wasnt winterized correctly what else should I be looking for?
Where do i start to determine why im not getting coolant to engine. I think exhaust may have been coming out of the water inlets on the back. Do I need to yank the manifold off to inspect it for cracks.
Could the manifold also be my water in oil problem.
Not sure about the total history of the boat. I know it is a freshwater lake run.
If it wasnt winterized correctly what else should I be looking for?