In this video, we take a look inside a suspected bad gearcase in a Yamaha YMLHT 4HP 4-stroke long shaft outboard to diagnose issues with shifting and propeller movement.
A couple of new bearings from Yamaha are only about $24 each. Oil seals maybe 5 bucks each. I rebuilt mine a few months ago. It did have oil in it but was mixed with water which ruined the bearings.