Turns out I had a Intake gasket leak. fixed the leak but now 4 oil changes later the oil is still slightly milky, beige. I t has gotten a lot better. I was told run it to bring temp up and help evaporate water. I don't want to do more rpm's than a fast idle though.

Is there a particular oil that will help with this water problem or do I just need to change it a few more times.

PS. The oil level does not rise on the dip stick so I am pretty sure it is not leaking more water into the oil.

4 is a lot, are you sucking it out or draining. If you can let it drain overnight, the one time this happened to me I was clean after 3.

I pull my drain plug each oil change after sucking it out. I have a container that i have a port in that my pump machine hooks to. i place it under the pan and pull the plug. i get about another quart depending how level the boat is sitting at the time. Have you considered using an engine priming tool, removing the dist. Then take the pressure line off the oil filter mount or cooler and purging the oil from the engine into a container. filling the engine a couple times with inexpensive oil. I have never had to do that but its an idea. That may get some of the stuff out. Hell, I primed my engine until oil came out of the pushrods. so, it can be pushed out if there is no longer a leak present. or get it close enough to feel ok about putting a load on the engine and getting oil temps to above that 212 range.

How long did you run your engine between oil those 4 changes? To get rid of the last little bit of water / moisture, you will need to run the engine at operating temperature for a while to evaporate the remaining water - assuming you have your leak fixed.

I realized today I have an exhaust water reversion problem. Working on making some dry tails.

My theory is that I was pulling water into the cylinder at idle and it was getting past the rings... or something. This is a new motor. I have the KE thunder and lightning cast alum. long headers. I looked up the tail pipe after letting the motor idle for 5 sec. Wet exhaust runners. Started motor fr 10-15 sec and held 1500 rpm till shut down. Dryer exhaust runners.

Oil is now clean after removing oil filter re-locator bottom and pulling trailer up onto blocks so the oil would completely drain from plug on right side of the pan.
After several runs as stated above the oil is still clean.