i just bought a 2004 sp 500 ho, i been going over it checking it out,and i pulled the handle to the pull starter and pulled it out a little and a puff of air came out,is this normal,anybody ever seen this before..wayout, out.................

 

Seems like mine done that yrs ago when I first got mine. I havent pulled it since then. I wouldnt worry about it,in fact if it has a little psi then you know its sealed good and water cant get in.