The short story of what mountainbike is trying to say is that this is probably perfectly normal for a cold engine/exhaust and has nothing to do with oil or coolant or any other problem.
About the only thing I’d ask about that could change my mind is what the exhaust smells like. I’m not saying to take a big whiff - but if you’re starting it in a garage, then you probably already know. Oil will smell a bit acrid. Coolant will smell sweet, maybe even a little like maple syrup. Normal wet exhaust will smell like neither of those things.