I found one of the cause of the water leaks. The intake gasket back by cylinder 3 was green and the springs around the rocker arm shaft was coated with water. Turned the motor with out the spark plugs and water gushed from cylinder 2 and 3 (passenger side middle and rear).
This led me to believe that I had found the problem. GREAT!! Well for grins and giggles, I did a compression check. Cylinders 2, 3, 5 and 6 had between 105 to 110 PSI. That's good. But cylinders 1 and 4 are both around 50-60 psi.
Being I've got the engine down this far, I'm gonna ahead and removing the head and check the valves and head for cracks.