Yep, it's rain water. If it was clear, and the coolant hasn't dropped, got to be rain water.
The sooner you can get it running the better. There is still moisture down in around the rings, ring lands, and valve guides. The only way to get rid of it is to run it, preferably under load, and with the engine up to operating temperature.
Look the exhaust pipe over, you'll probably find where it is getting in. A lot of water can track down the muffler, go under the cap, anywhere you don't want it to go, it will find a way.
Might loosen the transmission/differential plugs, probably find water there too.
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Today's Featured Article - Show Coverage: Argyle and Mt. Pleasant Labor Day Weekend Shows - by Cindy Ladage. The last fling before summer fades into fall and we get busy in the fields are the annual Labor Day tractor shows. Beginning on September 5th and running through the 7th, the Argyle Antique Gas and Engine Show is held at the Argyle State Park. Located in West Central Illinois, the pine forest was the setting for the opening of the 22nd show. This year we decided to try to sell a few tractor parts, literature and wrenches to offset my husband's buying sprees. Saturday
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