Outboard won't start easily?

Well I bought my boat a 1986 Charger with a 1985 Mariner 150HP. The motor has good compression, recent carb rebuild, and new starter.
The only thing I could possibly think is the fuel mixture is mixed way to rich. The previous owner said he used 4 ounces to a gallon. The motor is supposed to be ran 50:1. I finally got it to fire up and idle good and it was smoking like crazy from the mixture. Also when i couldn't get it to fire up it would leak fuel out of the front of the motor I think it's becaise its feeding fuel but not starting.
Any tips and advice? Add more gas? Run it leaner?

Bayliner used composite materials for structure, much the same as plywood, or a laminated beam in a house. You may encounter a void at the top of the stringer, but this does not mean that the stringers are un-sound. If you are worried about the soundness of the stringers, you should measure the moisture content at the midpoint of the stringer-it should be less than 30%.

As an added note, Bayliners from that era where notorious for poor quality, but there still seems to be quite a few around, so they must have built some OK hulls.

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