I just bought my first boat about a month ago. It's a 1994 Bayliner Capri 1750. It has the 3.0l mercruiser. So heres what my rookie self did. I parked the boat outside in a storage lot (HOA rules) and forgot to remove the drain plug. Started getting rain last weekend and didn't think much of it. Waited one week to go get the boat and start working on some cosmetic issues. Got to the lot and the boat has about 12 inches of water in it, really brackish looking too. I drain it, tow it home and finish cleaning it up. I go to start it since it hadn't ran in a week. I didn't think to check the oil before I started it. It started right, blowing white smoke. I didn't think anything of this because of the age of the engine. It ran for all of 15-20 seconds and sputtered and died. When I cranked it again it made a loud CLUNK and now won't start. When I checked the oil it definitely had water in it (if only i had checked before i started it). I changed the oil/filter. Now when I crank it, the starter makes a single click, the motor will not turn. Does anyone think I seized the motor in that short of a time, or is there something else I can try to solve my problem. I am willing to rebuild the motor, plus I have the skills and equipment to do this. I picked the boat/motor/trailer for less than a grand, and don't feel like it's worth much more than the five hundred or so the rebuild kit is going to cost. That is why I don't want to take it to a mechanic, just to pay them to find out what my gut is telling me. Thanks for the help.