white smoke is either condensation or oil.
oil in coolant, or oil in exhaust (from motor, or leaking into hot side turbos).
black smoke means rich.
in this case it isn't condensation for sure... this leaves me with only one option: oil. Let's start with the oil in coolant option. So this means that I can just take a look at my coolant tank and if it isn't normal color (red) then this should indicate coolant contamination. Would this have effect on car start?
Also if it were turbo leak wouldn't this mean that I'd be in cloud of white smoke all the time? Right now it happens only during cold start