SOme white smoke on start up and hardish starting is not an entirely uncommon occouronce on those things when they get some hours or have poor injectors. If the smoke clears off in a few minutes I wouldn't get too concerned unless you've got a pile of money you need emptied from your wallet.
Other than that... if it's still losing water beyond the half gallon or so it's going to lose if you fill to the cap... take a very hard look at the weep hole on the water pump and all of the hoses, the rad AND the heater core if it's got a heater. It's got to be going somewhere...
If it's going into the combustion chamber... short of a crack into an intake port... it's going to push combustion gas into the coolant. If it's going into the oil you'll see it eventually... So if you don't see evidence of either of those two I'd say it's leaking externally somewhere and evaporating and you just don't see it yet.
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Today's Featured Article - Tractor Traction - by Chris Pratt. Our first bout with traction problems came when cultivatin with our Massey-Harris Pony. Up till then, this tractor had been running a corn grinder and pulling a trailer. It had new unfilled rear tires and no wheel weights. The garden was already sprouting when we hooked up the mid-mount shovel cultivators to the Pony. The seed bed was soft enough that the rear end would spin and slowly work its way to the downhill side of the gardens slight incline. From this, we learned our lesson sinc
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