Im looking at a litle yanmar that smokes some under load and does not clear up.
It isn't blowby if it is coming out the exhaust. There is a separate breather line on the engine. Do you get smoke from one or both of those, and what color?
What are my options. Any way to clear it up with out a total rebuild.
Depending on how bad it is, you could just ignore the smoke and run the thing. If it is a stuck ring, running it hard actually might clear up those symptoms.
What would a rebuild cost on an early model yanmar.
It will depend on what early model Yanmar. There is quite a difference between having a YM173 or a YM2000. The 173 will be expensive, if it is
possible to rebuild at all. The 2000'will be cheap compared to others. Similarly, a simple ring job will run about $150 from Hoye, including shipping: $47.42/ apiece for the two ring sets, and $43 for the head gasket.
In contrast, re-ringing an 1810 will cost more than that just to purchase rings, and the head gasket is another $58 dollars. If you need sleeves, budget an additional $260 or more.
The other way to look at it is that replacing most of the engine parts in even a 3 cylinder version, including all seals and bearings, but not the rods, crankshaft, or camshaft hard parts, one would be hard pressed to spend $1000.
Without knowing the symptoms in more detail it is tough to recommend a budget or course of action, but your interest in rebuilding the engine, the initial price, and the local value of comparable machines may help you decide if it is financially logical.