Turn off the electricity.
Turn off the water valve going into tank.
Open a bathtub spout to let hot water pressure off the tank.
Check top of tank for any leaks.
Open the top access panel and see if element is leaking.
Open bottom access panel and see if lower element is leaking.
The reduced pressure on the tank will slow the leak.
If element is the problem, you can squeak by for a while by turning on the hot water heater only when you need hot water.
Order the 'Marathon MR85245 replacement element' online
http://www.gpconservation.com/rheem/marathon-sp213670-titanium-4500w-lower-elementThese elements may be available locally, but they are not the same as 'ordinary' tank-type electric heater elements that you buy at the hardware store.
Buy more than 1 element because the Marathon elements have problems.
One of the reported problems with marathon elements is the high price of stainless steel replacement elements.
Drain tank.
Replace element.
Another resource for water heater information is:
http://www.thetankatwaterheaterrescue.com/forums/forum3/
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