"Judging from the pics you pos
"Judging from the pics you posted of the rocker nuts, your head should be a torque to spec for the rockers. Look at the stud in the head, is it a screw in stud or a press fit? Most screw in studs in factory engines are torque to spec. Also, does the stud have a shoulder on it just below the threads? If it does they are torque to spec.
As far as water in the oil. The best way to check for water in the oil is to pull the oil filter and check it. I have seen engines with a clean dipstick still have water in the oil. If the oil in the filter is clean then your problem is most likely condensation. The oil and blow by fuel is vaporized and in high humidity it will mix with the water in the air and when it contacts the cooler areas of the engine it will condense thus only being in the upper sections of the engine. Keep an eye on the oil mixture in the engine to rule out water intrusion.
Water in the manifolds is 99% caused by leaking riser gaskets. It can come from backflow during deceleration. To avoid this, whenever you come off plane watch the water behind the boat and when it is about to wash up the transom give it a small amount of gas. This will keep the water from washing up the exhaust. The biggest problem I see around here is folks not wanting to spend the money on manifolds and risers. The manufacturers only warranty the items for 3 years for a reason. I'm going to imagine (I may be wrong) that your manifolds and risers are original or at least 5+years old. "They looked OK to me" is the biggest excuse I here when it comes time to do hundreds or even thousands of dollars in repairs.
Whatever you do I recommend using The quicksilver coated gaskets for the risers. They are more money but better leak prevention. I have had the green ones leak almost immediately with a new set of man/risers."
"Judging from the pics you posted of the rocker nuts, your head should be a torque to spec for the rockers. Look at the stud in the head, is it a screw in stud or a press fit? Most screw in studs in factory engines are torque to spec. Also, does the stud have a shoulder on it just below the threads? If it does they are torque to spec.
As far as water in the oil. The best way to check for water in the oil is to pull the oil filter and check it. I have seen engines with a clean dipstick still have water in the oil. If the oil in the filter is clean then your problem is most likely condensation. The oil and blow by fuel is vaporized and in high humidity it will mix with the water in the air and when it contacts the cooler areas of the engine it will condense thus only being in the upper sections of the engine. Keep an eye on the oil mixture in the engine to rule out water intrusion.
Water in the manifolds is 99% caused by leaking riser gaskets. It can come from backflow during deceleration. To avoid this, whenever you come off plane watch the water behind the boat and when it is about to wash up the transom give it a small amount of gas. This will keep the water from washing up the exhaust. The biggest problem I see around here is folks not wanting to spend the money on manifolds and risers. The manufacturers only warranty the items for 3 years for a reason. I'm going to imagine (I may be wrong) that your manifolds and risers are original or at least 5+years old. "They looked OK to me" is the biggest excuse I here when it comes time to do hundreds or even thousands of dollars in repairs.
Whatever you do I recommend using The quicksilver coated gaskets for the risers. They are more money but better leak prevention. I have had the green ones leak almost immediately with a new set of man/risers."