Small Engine Troubleshooting Problems? Ask a Mechanic Now.
Code 47 is Ignition Fault.
This may turn out to be a major chore. One of the possibilities is a bad magneto. The magnetos are located under the generator and the genset must be completely disassembled to access them.
I am certainly not trying to scare you off, I just want you to be aware of what you might be getting yourself into.
Check to make sure oil is full also.
That is the about the only thing that is going to be the issue. I will OPT OUT and let another Expert reply if you would like. I would take to a certified dealer for repair. This is going to be a big repair most likely