it´s sad, having a car that´s only usable for short trips in the neighborhood.
Water drops in the exhaust gas (specially with cold engine) are normal.
Try bleeding with opened reservoir. Top up level and let the engine run with opened filler cap until it has reached it´s normal temperature (about 95°C). The heater of the passenger compartment should be turned to max heating position, but the blower must be turned off!
After bleeding there must not appear any more bubbles. But the coolant level may increase during acceleration and even slump during deceleration.
