I am open to lending a hand however I can whether that be analyzing deals, optimizing marketing campaigns, ripping out dry wall, picking up 4x4s from Home Depot…you name it!

In this market I'd keep my powder dry for opportunities vs rush to pay off a loan in the 3s or 4s if I was still in the growth and acquisition phase. 

If the ROI is the same between 2 duplexes and 1 fourplex, then you should look at your ROT.

We've replaced the toilet and have removed a small section of rotted subfloor with sheet vinyl flooring on top and replaced it with LVP.

If could also cause the texture to dry too fast, without soaking into and bonding to the drywall. 

If the room stays cool and reasonably dry (not desert dry) and the wires don't have a lot of hard bends often it's not in bad shape.

I do have some money to bring to the table but I'm asking if & how has anyone been able to successfully complete a fix & flip with no source of income (unemployed) and without drying up every cent of savings Or if they've been able to do it with no money down at all. 

I remember reading about a horror story where an investor purchased a vacant property where the pipes ran dry and they basically exploded when tenants moved in, causing a major headache.

Furthermore, if we agree to a 50/50 split, we agree in that during good or bad, as well as if we decide to offload the property, but how could I give Bob security in that if we made $0 and the mortgage had to be paid, that he wouldn't be hung out to dry and foot the bill himself, aside from my word?

While waiting to hear back from the insurance coverage department, we contacted a second remediation company who said they would put everything back together after the drying work if need be, so we send out the second group to assess the damage.