Ducks At A Distance

Newer 25 h.p. Yamaha boat motor?

I have a newer (2-3 years) ancient Yahama 4 stroke 25 horse boat motor. Yesterday it ran fine on the way out to go duck hunting. We got ready to go and it wouldln’t start. It had full tank of gas and hot battery. We walked it out of the woods and took the cover off. The oil is a milky drippy color (like auburn water) and the motor will start but white smoke comes out where the prop is. What in the hell is incorrect??? Also the same auburn substance is coming out of the air intake under the motor cover. If you need more details please question!
Run perfect on the way in. But when it came time to start home it wouldn’t start a like. It didn’t overheat.
It was pumping water also

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