Exhaust Manifold Missing Paint and Peeling

O.k. so I looked at a 2007 v-drive today and one of the manifolds had missing paint and peeling paint at the fitting where a hose comes off the top of the manifold and then the hose runs towards the transom of the boat. The other side is fine and a picture of the engine a year or so ago shows the paint intact. I also need to mention that this is a Monsoon 340. Not P.C.M. and it is in a Malibu. My gut reaction was an over heating issue. But I've never seen hoses come off an exhaust manifold (other than the exhaust hose). Any thoughts as to what could have caused this? I've had P.C.M.'s since 1987 and the paint always stayed intact (except for a little rusting around the drain plugs).

I definitely will have a compression test done if I decide to pursue this boat. A pressure test won't happen. At least not yet. There is a hose on the back that has been cut in half I've circled the areas of concern.


At this point I'm not going to do anything until the ice is out and it can be put in the water. I've never have entertained a purchase even close to the price range that this boat is at and I walked away with many more questions than answers.