So many potential points of entry on a jet tender. Could be hull, seal between jet and hull, the jet drive, or the engine cooling/exhaust system.
You really need to be able to see in the engine bay, around the jet with the engine running, as suggested, if you have a trailer, back it down a slip so its deep enough in the water but still attached to trailer, if there is no water after say 10 minutes, start it up, if you now have water its the exhaust/cooling system.
Go careful filling the boat with water, you risk damaging the engine.
Unfortunately these are over complicated boats, with awful access for maintence and repairs.
If you are not experienced, take it to a professional, but prepare to pay $$$ compared to an outboard tender, you may even get turned away, lots of guys will not work on these type of boat!
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