Have inherited a ski boat that started off running well then I noticed that the oil was contaminated with water only revs to about 3.8k. I've had the head reconditioned and pressure tested, reinstalled with new head gasket and head torqued to spec, all good. Took the boat for a test run revs to about 5k RPM sounds good, no missing, loads of power. Removed the engine cover to inspect for leaks and saw loads of milky oil spewing out all over the place. Could a cracked inlet manifold congest this amount of water. What else must I look for?