I have read several posts already that seem to maybe answer my question, but I would like some clarity. I recently purchased a 2005 Yamaha F200 4 stroke with 183 hours on the motor. Yesterday I did a full service on the motor from the oil and filter, to the fuel water seperator, fuel filter, lowerunit lube ect. After changing everything, i decided to start the motor up with the cowling off to check for leaks. When the motor idles, I can hear a loud tick on the back right side of the motor when I am standing behind it. This tick is only audible with the cowling is off. I heard some people say that this tick (which sounds like a valve) could be the fuel pump starving for fuel. Well I thought this makes sense, because I just changed the fuel filters. I pumped the primer bulb until there was plenty of fuel in the fuel bowl with the fuel filter before ever starting the motor. I still hear the ticking and I am a little concerned if its my valves or fuel pump??? I also seem to hear my fuel pump on my LEFT side of my motor, not my right side, which has me thinking it might not be my fuel pump. One other thing I feel I should mention, when I changed my fuel filter on the motor, there was a red plastic ring in the bottom of the clear fuel bowl just sitting on the bottom. I feel like it maybe doesnt belong there but I reinstalled everything the way I took it off. I also had a small air leak at the band clamp going into the fuel filter which I tightened very well BEFORE STARTING the motor. Sorry for the long post, but I feel all the details possible provide the best response. Thanks all who respond and hopefully you can help me figure out where to start with this noise. By the way, every part was bought from Yamaha except the fuel water seperator with was a napa gold filter. I have never had a 4 stroke so maybe this sound is normal, but I find it odd there is ticking from the right side of the motor and not the left if this was the case.