In theory, it should be possible suck up water with a wet vac and then dry quickly with booster fans and a commercial dehumidifier (we keep a set of equipment around for that purpose) before the carpet develops an odor.

The cost of an employee (depending on your state and business structure) can really add up once you account for all the overhead which goes into their work (labor, equipment, insurance, taxes, business administration). 

Fortunately with this being a hotel asset you are better equipped to coordinate the necessary vacancies to proceed with the improvements.

Does this quote include equipment and labor? 

To summarize, I am fully equipped, licensed, and knowledgeable to handle all aspects of the actual repair, however my ignorance lies within the funding (hard money) and the business aspects of home flipping. 

The equipment and infrastructure?

I have a local guy that can do it for around 8k, if the pool is accessible with his equipment. 

@Andrew SolIf it’s outdoor equipment as well and they don’t pay expect that equipment to magically disappear

Your background equips you to handle the admin work, but as you expand, consider outsourcing to focus on strategic growth.

They took that opportunity to scare them in the hopes that we or they would pay them something for their equipment.