The water pump is a pretty easy process.
My advice for a 75 would be to have another guy there to help you, though. Sometimes getting the shift rod disconnected or getting the drive shaft splines to unstick from the coupling can be tricky and require an extra set of hands to support the lower unit.
IMO, it’s almost a necessity to have a second guy there when reassembling. It’s really fiddly and difficult to get the lower unit into place and then hold it steady while you connect the shift rod all by yourself.
Most outboards have a little trick somewhere in the process. It’s worth looking you YouTube to see if anyone has posted a video that shows the process with your outboard or one that’s reasonably close year-wise.
Be sure to use grease on the shaft splines. I also use anti-size compound on each of the lower unit retaining bolts when re-assembling. If any of those lower unit bolts gets corroded in place and breaks off, you’re in for a REAL beeaaaaach of a time getting them out.
Grouse