Sorry for the long post. I have an 01 F350 with the 7.3. I'm approaching 570k miles. Runs great. I've maintained it well and I've never had to go into the engine. I've only replaced the water pump, alternator, oil cooler orings, and the occasional sensor. I noticed some water dripping out the drivers side exhaust manifold at the donut gasket lately. I didn't pay much attention just thought it to be some condensation. A couple times the last two weeks when starting the engine I would get a strong hesitation while cranking. But it would start and run fine. This morning I had the same cranking issues and quite a lot of water, maybe 1/4 cup came out the manifold gasket area after it started. The water was black from soot but it feels slick like antifreeze. It isn't fuel. Some white smoke out the exhaust until it warms up. No mixing of fluids. Changed oil last week. It has no signs of moisture. No oil or diesel in radiator. I'm guessing the cranking issue is hydrolocking. I see no bubbles in degas bottle while running. What do you all think I have here? Cavitation damage, injector cup, injector, head gasket?? I'm not sure where to start.