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You should use an OEM lifting ring that can be borrowed from your dealer. Then either a fork lift or cherry picker will work. You could also look for a wood or metal gallows frame like I built or an steel I beam in a ceiling of a building then use a chain fall or come along.

I have read before about people stating a set back on the 20' Outrages can actually increase the hull's porpoising tendency. I think Tom can lend advice on that fact.