Does water drip from exhaust if burning coolant?

Mine does the same thing, but it's just condensation. I think if you're burning coolant the smoke won't dissapate as fast and will have a distinct smell.

When Air and fuel are mixed the by product is water

You will notice that in cold conditions everyones car is smoking a lot of white smoke and summer months you dont see it,

Reason?

The exhaust,

When ti heats up to normal operating temps is evaporates the water and you dont see the steam/condensation,
When its cold you do see it,

Its perfectly normal to see water from the tail pipes,