Rich your problems got me to wondering just how the Suburban 12 gal hot water heater works.
I downloaded what information I could find on your unit and mine which are virtually the same.
If you note on page 4 -
http://www.lsrv.info/david/Suburban%...%20REV%20A.pdf - you will see that the 12V circuit has a circuit board that operates the spark and gas valves, relight controls and faults during propane use only. It has no connections to 120V whatsoever and has nothing to do with the operation of the 120V.
Note also the 120V diagram and you will see how that is wired...except it does not show what is going on in the 120V junction box, the information from Suburban only shows what the wiring in the heater is, the junction box allows for connection to whatever the end user wishes to employ to turn on the 120V to the built in wiring.
I assume you have the two switches on your main control panel similar to what you had in your previous 3402RL as I do in my 2012. One for gas and one for electric with a light in the middle.
If you have 120V on both sides of the main breaker and the wire is tight at that point then it is ok.
There are two possible ways of wiring the inside rocker switch into the circuit.
1) 120V from the main breaker goes directly to junction box on the heater and the hot is fed back to and from the panel rocker switch prior to being connected to the internal wiring of the heater within the junction box. This allows you to control the electric from inside your RV.
2) 120V hot wire from main breaker goes into and out of the rocker switch on the wall panel before going to the junction box on the beater and thence connected to the internal wiring of the heater. Again this allows you to turn the 120V on from inside your unit.
In both of the above methods the neutral would go directly to the junction box located on the heater.
Not having 120V at the panel rocker could result from two things based on the two methods of wiring as mentioned above.
In method one the power is either not getting to the junction box directly from the main breaker or there is a connection issue where 120V is fed back to the rocker switch.
If method two is used and no power at the rocker, there would have to be a problem between the main breaker and the rocker switch.
The rocker switch mounted on the heater is part of the factory wiring of the heater, power from the junction box would go this switch then on to the thermostat and high temp switch then to the element. These components are wired in series so a failure in any one would result in no power to the element.
There is no 12V activated relay in the 120V circuit..
Hope I have not further confused you and wish I could draw a diagram to illustrate what I am saying.
After all other possibilities have been eliminated I would pull the hot water heater to get at the junction box as that is all that remains.