Lucky you !!!
I would apply a barrier coat (or 2) (Interlux Interprotect E2000) first, then the anti-fouling paint. Your first application of AF will need about 3 coats, then probably a single coat on a seasonal basis.
I use ePaint EP2000 anti-fouling paint. There are all kinds/brands of paint . . . good stuff is about $200/gallon

Use the good stuff.
Outdrive anti-fouling is Trilux 33 . . . there are a few other brands. I paint everything . . . Outdrive, props, etc. I tried zinc coating on the props one year . . . it kept the barnacles away, but algae grew on the props as the season went on. Nothing seems to grow on the OD or props with the Trilux. Here is a link to Trilux on iBoats.
http://www.iboats.com/shop/interlux-trilux-33-black-pint.html
I have used a 1" roller to apply the outdrive paint, as it goes on fairly thick with a roller. . . but this year I used a HVLP sprayer, which seemed to do a pretty good job. The aerosol cans are pretty useless and quite expensive for what you get, so I buy the quart cans.
You will want aluminum anodes for salt water, make sure they have good electrical contact. Depending on your region, they will last about 3-4 months, then need replacing.
