Re: would 20hp work on this setup?
Probably marginal. General rule of thumb on this board is go for 75% or more of max rated HP. So a 25 would probably be better. OTOH, we use a 20HP 4stroke on our 14 foot tinny and it works fine, but that boat is really light, probably around 300 pounds before passengers and the engine itself. It planes off easily with 2 or 3 aboard, struggles a bit with 4, but will still plane and hit the upper teens. With only one aboard, 25-27 mph is possible.
One issue you may run into is that amongst the motors that I am aware of, most 20's are two cylinders, and 25 and up are 3 cylinders. So there is a significant jump in the weight of the motor itself. That was part of the reason I went with a 20. The other reason was that the teen-agers get to run it by themselves, and I didn't want it to be overly powered.