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Yes, you can and should paint or stain pressure-treated wood to help prevent the boards from cracking. However, you must wait for the wood to dry out completely before applying any finish. Freshly treated wood can take weeks or even months to dry; a common recommendation is to wait three to six months. To check if the wood is ready, perform a simple water test: drip some water onto the surface. If the water beads up, the wood is still too wet and needs more time to dry. If the wood absorbs the water, it is dry enough to be painted or stained. You can proceed with building your deck or fence while the wood is still wet, but you will need to wait to apply the paint or stain.

Both a roller and a brush are effective methods for painting a chain link fence. A roller will make the job easier by ensuring symmetrical strokes and reaching the backside of the fence as well, which cuts down on paint time. However, a brush is often necessary for painting the base of the fence and near the posts due to its ease of reaching smaller spaces.

While power washing isn't a requirement before you stain a fence, it can make the job much easier and faster while reducing manual labor requirements. The stain will not work if the wood is full of dirt and dust, so power washing, sometimes called pressure washing, is a fast and effective way to prepare the wood for staining. Remember that you need to stain or repaint relatively soon after the wood has dried so that there isn’t time for dust and dirt to build up again. 

Wood stains last anywhere from two to five years, depending on exposure to the elements, your local climate, the type of stain, and the surface it’s on. For instance, vertical surfaces last longer than horizontal surfaces. Some types of woods, like dense hardwoods, will require a recoat yearly, as they are too dense for the stain to absorb. In any event, apply a recoat every 2 to 4 years. As for storage, a can of unopened stain can last up to 5 years, though results may vary.