For a variety of reasons, it's either this bus or I give up the whole project, so I'm trying to get a sense of what I can do here and what it will cost me. I had a local bus mechanic out to take a look at it, and he agreed that the wheel well section needs to be completely rebuilt, but he said that the rest of the floor could be handled and repaired the normal way (i.e. with grinding and ospho and welding patches of the remainder of the smaller holes). And he said the chassis frame is rusted but not fatally.
I don't necessarily really trust him - he might well be just trying to drum up business - and his opinion seems to be well in opposition to a lot of other people who have seen and commented on my rust situation (like, almost everyone on skoolie.net). You say my chassis needs stripping and sandblasting, but how long would it last if I just removed most of the rust with a wire wheel and applied rustoleum undercoat? Obviously even that is a lot of work, but at this point I have more time than money to spend on this.
For the rebuilt floor, it seems like the materials at least would not be super expensive (assuming it's like a 10-foot stretch or something). There's a place near me in Jersey that sells 4x8 sheets of 16ga for about $40 and they have materials for the cross-members (rectangular tubing? dunno) similarly cheap. I own a welder also, but I would have a pro do this.
Ok firstly the actual floor is not a big deal as it is very easy to cut out and replace..
My concern is that the actual chassis has rusted.. Now in one picture you can see that the original 'paint' has completely separate from the metal, by A bigger concern of mine is this picture below.
That's severe corrosion in my books. Another bad sign is the replace exhaust, another clear sign of excessive rust..
The problem to me is that you don't just have one spot with rust. It is the entire chassis and body under frame that all have advanced rust..
Every single picture you took has severe rust in it. Is not the quality of the rust only, its also the quantity of it..
Look at this picture
Everything has superficial rust on it..
Now, there are no tricks.. To eliminate rust, you must either replace the metal, cut the rusted part off or sand blast the metal until you get back to the clean metal.. Putting a new floor on a chassis like that... hey it is your money..
If, like you said,is this bus or nothing, then be prepare to do the miles..
If you don't have to pay for labour and have a large workshop it will only cost you time..
If you want to find out how bad the chassis really is, before spending any money, try to remove some of the bolts that hold the cross members..
If the bolts are rusted and break away while you trying to remove them, then you know where you are as far as rust..
You asked about removing the rust with a wire wheel and then use one of those rust converter/metal protector products available. Yes, that could work too, but it all depend on how far the rust has gone and more importantly on how clean you can get that chassis.
I'm not trying to scare you away from this vehicle. I'm just giving you my opinion based on lots of time spent under and around vehicles..