Here's the latest update. Picked up the boat, there was a small piece of wood wedged in between the wear ring and the impeller. He gave me the wear ring and i could see the marks on the inside of the ring, oddly, i was expecting the wear ring not to be in one piece as i thought it had to be cut in order for it come out.
I am going to learn from this experience, that cost me $350 Canadian. I have ordered the impeller tool and a couple of replacement wear rings. The mechanic seemed legit, i was referred to him but something has me a bit puzzled. what i had read about in the manuals and online all pointed to removing the jet pump from the back of the boat, and the first step was to remove a cotter pin (and not to reuse it), then take the reverse cable out of the reverse gate and then proceed with removing the jet pump housing. When I took the boat home to park it, i looked at the back of the boat and the same rusted cotter pin was back there. I would like to think there is a good explanation for this, maybe that cable doesn't need to be removed to get the jet pump housing out?
just trying to learn, thanks again! Hopefully will test the boat in the water of the next couple of days.