white smoke means you're burning antifreeze...check for loss of coolant in the tank and look for leaks
condensation when hot exhaust meets cooler outside air
The muffler is failing, the "floss" is how the exhaust sound is muffled.
Water coming out the tailpipe means there is water in the exhaust. This is not uncommon when the engine is cold and the exhaust is condensing. That situation should stop when the engine warms up. If the exhaust continues to have water in it after the engine is warmed up it could possibly indicate a leaky head gasket or cracked cylinder head.
You have a blown head gasket. Open your radiator while the engine is running. You should find exhaust coming from it.
Typically, it would be due to condensation formed when the hot exhaust gases come into contact with the much cooler outside air. Worst case scenario, it could be the result of a blown head gasket (although water coming out of the tailpipe wouldn't be the only effect from that).
condensation
Check the tailpipe for contact with the body. A loose hanger that holds the exhaust up may be sagging. The movement of the motor starting will jar the exhaust system.
You will see steam come from the tailpipe in the winter which is caused by the hot exhaust coming from the engine making contact with the cold metal in the exhaust system. This is normal and no cause for alarm. However if the white smoke does not dissipate almost instantly and seems to continue you may have a blown head gasket. If the exhaust smells sweet you almost certainly have a problem and the gasket is blown. A blown gasket will destroy the engine in time. If you are not sure have it looked at by a professional.
white smoke coming from my tailpipe of my Honda civix lx 1997?
The smell of rotten egg is coming from your catalytic converter that is plugged up White smoke is an indication of water (usually antifreeze) in the exhaust.
Water (condensation) is a normal condition with a cold engine as stated below, but not oil?? Perhaps a bad head gasket/cracked head/ or block Water coming out of the tailpipe is not uncommon. You will probably see on a lot of cars on humid days with water coming out of the tailpipe usually it goes away once your engine and exhausts have warmed up. Check out the links below for better explanation. It also depends on how old your truck is. Trucks with less than 1000 miles on them sometimes have an oily residue exit out of the tailpipe. During maunafacturing of exhaust pipes, lubricants are used to prevent rust. Check the oil with a blacklight because a dye is usually added to initial oil in the engine. If you have a diesel, then you may have oil coming from the engine, loosen the exhaust pipe from the turbocharger and look for signs of oil exiting the tailpipe. If the turbo is leaking oil you probably have worn bearings in it and possibe wheel hub replacement.
I would check and make sure that isn't just water. Condensation occurs on the inside of the tailpipe as the vehicle warms up... If you had gasoline coming into your tailpipe you would experience backfiring, extreme backfiring.