So, I had abandoned the tach to work on other things. Now back with an update. I found this parts diagram for my engine:
And when I pulled the tach off my engine it has part #121614, along with an instructions sticker saying to connect to the alternator. So, it must be the wrong one. Plus, the ground terminal is wired to the ignition switch 12V terminal...
No luck finding the proper tach listed on this diagram anywhere online.
But, I do see this written on the faria outboard tach poles reference chart pdf on their website: Older model outboards (prior to 1977) may have the tach signal wire originating at the ignition system though they are alternator equipped. All alternator tachometers may be used on these systems by disconnecting the tach signal wire at the engine and connecting that wire to the unrectified alternator signal at the rectifier. Be certain the number of alternator poles match the tachometer pole setting of the tach.
So, maybe I can install one of their tachs this way? As in, just tap into one of the two yellow wires from the stator under the flywheel before they pass through the rectifier?