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Kevin -
Have you mounted a kicker?
Battery in the stern?
Anything else back there?
Any holes (even if repaired) in the transom (transducers?)

To give us a visual look, can you launch the boat, mark the waterline on the exterior transom and around the corners up a foot or two with a wax crayon. Then pull the boat out, draw the line and then take a slew of photos for us to see.