I can answer some of your questions but not all.
Firstly, why are you cutting weight? If you are underweight already (You didn't mention your BMI) then it could be unhealthy.
I'm fairly sure that keeping up your weight training is a good idea.
Do not lower water intake, your body needs water to function, especially when exercising. If anything, increase your water intake as necessary.
I personally would not advise doing intense cardio more than 4 days a week, but it depends on how much you can take without becoming exhausted.