Ford F-150 (2009-2014) :: Exhaust Leak Only When Cold?

So after remotely starting my truck on a cold morning, I walk up to the vehicle and notice a small puddle of water near the middle of the truck (not near the engine where the A/C usually drips), and I can also hear a slight ticking noise that I never heard before. I stoop down and can see water dripping from the exhaust (I think off the back of the resonator?). I snap a few pics and decide I'll take a closer look later, but curiously when I return from my drive, the leak and noise are gone.

With 76K miles on the truck, is it possible I've developed a pinhole sized perforation or leak in the factory exhaust system (or maybe there's a loose fitting) that is only present when the engine is cold, but "seals" itself up once the engine is warm and the metal has expanded? I only see the water puddle and hear the noise when remotely starting the truck on cold mornings, never on warm days or after driving around town.