Well, chalk up another "improvement" to Our Beach Place.
We replaced our hot water heater last week; the old one (not really that old, but still ...) was giving us fits. Our renters happened to wake up one morning to water leaking out of it. That is never good (especially when you're on the very top floor).
The good news is it was A) a sign that it just needed to be given the boot, and B) the good folks caught it early so we didn't have hot water heaters or people plunging to floors below.