Rubber smell and slight smoke

Check under hood. may not have been coming from your car.

The rubber smell leads me to believe a coolant hose is leaking and getting ready to burst. Better get it fixed immediately!

To find coolant leaks use a radiator pressure tester as leaks sometimes appear to be from a point but in fact are from somewhere else. As to the smoke check the condition of the drive belt and the tension of the belt.

Are you sure that it is not steam?

A leak of some fluid, probably oil, dripping onto the exhaust. This smells terrible, and it only needs a drop or two.

You need to find out exactly where it is leaking out at. If you get that coolant on wires, it can cause all kinds of problems. Check your belt and make sure there is no tears and that it is not sticking. You might have a pulley sticking or something. Raise the hood and start your car, Make sure the belt is acting normal.

Bradley,
You have stated two problems. Coming to second first. Smell of burning rubber. in the car rubber is only at two places where it can burn, The tyres, unlikely as you have not commented upon your driving habits. Some people like to rev the engine so much before take off that the tyres go burning for the first few hundred meters. And then there is rubber on the wires and cables. You have to check the wires for any heat while the engine is running.
Coming to the first now. White smoke is generally of unburnt fiel and not oil. Oil alwayd give black smoke and that is the indication you get when the exhaust is giving black smoke. That means that the engine is consuming oil. if it is white then that indicates that the engine is cold and burning more gas/diesel. Is your a diesel vehicle?? But as you say it from under the hood. And that too behind the engine block. May be that the gasket is leaking from somewhere. If you could check the engine oil level for a few days early in the morning before starting the engine. If the level drops and the exhaust tail pipe does not blacken your finger when you rub it in it would mean that the oil is being burnt. Now what I suggest is that with the engine running and hand brakes on, go under the car with hood open and try to locate the source of the smoke. I am sure you would be able to locate it.
Then we talk again.

Smoke from under the hood ?
Smells like burnt rubber ?
Either the compressor or the comtressor clutch is bad so it locks up wen you urn it on and the fan belt is burning..

have the ac system inspected..

U HAVE A HEATER CORE LEAK, DOES THE SMOKE SMELL SICKY SWEET? AS FAR AS THE CEL GOES HAVE THE SYSTEM TESTED FOR FREE BY ANY KRAGEN AUTO OR AUTOZONE, JUST ASK FOR A OBD 2 TROUBLE CODE TEST, THEN POST THE CODE BACK HERE FOR US TO LOOK AT AND TRY AND DEVELOPE A FIX STRATEGY.