No stat so you don't have to worry about that. I assume your impeller in your water pump is new(ish). That engine has a tell tale that should be squirting a good solid stream at idle, like if on the boat at the dock, at idle, penetrating the water at least an inch. Further assumption that you are not running in salt water where scale could be clogging your cooling loop, or you haven't run through a lot of water borne vegetation recently.
If that engine had a tstat it would be between 125 and 143F for the opening temp. For a reference as to how hot that is, a US domestic hot water heater in the home, in Normal position is 140F. So when you say hot, how hot? Feel the top rear of the engine block. If you can leave your hand on it for several seconds, you aren't too hot. Look for your current engine problems elsewhere.