A few comments:
-In your second picture the nut on the prop end is meant to be a jam nut against the prop. Tighten the prop on its threads, then run the nut up against it and tighten it very tight with a wrench. Very embarrassing if the prop backs off in the middle of the pond.
-Most of us seem to use a lock collar, held in place by a set screw on the motor end of the shaft, without a nut. You set up the axial float of the shaft after the prop and its jam nut are tight. Use nylon washers where your pictures show brass (they transmit the prop thrust to the stuffing tube in forward and reverse). Push the shaft all the way in and move the lock collar away from the motor until there is no more than 1/32" axial float. Then lock the set screw.
-Motor to shaft alignment must be as near perfect as possible. Yeah, we all use flexible couplings. But the more mislalignment there is, the more vibration, noise and wear results. When moving the motor up/down and left/right, keep checking the alignment visually from the top and side. No visible angle is allowed.
-At each step of shaft installation and alignment, turn the shaft by hand. No resistance should be felt.