Had the 2011 Bounder out for the weekend recently and had no hot water. Cold shower and heated water on stove for dishes...bummer. Dropped coach at dealer on the way home Sunday for what I thought was "warranty repair". I called Fleetwood Customer Care Monday morning to report the problem and state that coach was at dealer. Customer Care Rep asked me if the valves on the outside shower had been left on. I told him "no" because I had never used it. Got to thinking that I had the coach at the dealer awhile back for minor stuff including a "drip" in the utility compartment...did the tech leave the valves open? Sure enough he did and that was the problem.
Don't understand the "physics" and the Customer Care Rep couldn't either "just knew that was a possible cause". Complained to my service advisor at the dealer (especially about the cold shower). Apologized and I got a free coach wash out of the deal. Just thought I'd share in case anyone else has encountered this problem.