i have used dry lock in my basement for what it is and what it does,it does work.follow the instructions on the can clean the walls and you should be good to go.
if there is a constant wetness it turns into gooo(likie a slow running faucet)also it will bubble and pool where there is a leak.
based on what you describe it sounds like you may benefit from an application.give it a shot,if not start digging
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