Recently acquired a hunter 33 with a bad engine. PO had rebuilt, but said the alarms kept going off. But he wasn't sure what alarms as most of the panel is missing. When I inspected the engine the crankcase was full of water. I'm not sure where the water came from or if the engine is even salvageable. Trying to decide if I should just pick up another 2qm15 to replace this one or repower with a slightly larger more modern engine . Any thoughts?