Quincy 60 gal 5HP 2-stage compressor here. I have an auto drain that opens for 3-4 seconds a few times a day to keep the tank free of water. There is a 1/4" tubing that directs water outside.
I also installed a motorized ball valve at the compressor output and close it at the end of work session to prevent air leaks in lines. The compressor stays full for weeks if I don't use it (home workshop).
I also prefer to switch compressor power off if I'm going to be away for a while or don't need air next few days. This way if a major air leak happens (I don't know how, but I'm a "belt a suspenders" kind) , the motor is not going to run till it dies. The power switch is in my shop (actually, it's a quick disconnect, but it has no problem working in this capacity for the last 15 years or so. I just never switch it off while the motor is running to prevent contacts arcing).
The compressor is located in a garage next to my shop to make my environment less noisy. The motorized ball valve switch is installed in the workshop next to the quick disconnect for the motor, so I don't need to visit my compressor at all until it needs an oil change.
My shop is in a pretty humid wooded area. Since I need bone dry air for my plasma cutter, sandblasting, etc., I made a DIY air cooler run and draining lines arrangement described here:
https://www.garagejournal.com/forum/threads/setting-up-air-dryer-filters.73032/#post-1040181. It works like a charm, and I never had a drop of water at the outlets or even in the filter-regulator located right after the cooling run.