So we are looking for a hard money, or limited doc/No FICO loan for $50-75K to get some breathing room.

I live in rural East Texas.  The closest metro area is Dallas - Fort Worth.  I have not yet found a property, but I am interesting in building wealth/cash flow through rentals.  I am one of the thousands of people who...

The wall comes out as deep as the fridge and separates the kitchen from a small dinning area.

He has deep pockets and once we got further along into our business, would be extremely important in funding multiple projects simultaneously. 

My experience is not enough charge them.I can instantly tell the difference between two vendors between one will do everything for free and one values their time.The one that does everything for free will be lower priced, lower quality, hard to communicate with, frustrating to work with, price oriented instead of quality oriented, typically late all the time, cutting corners, easy to have misunderstandings with, be unsophisticated in his business practices, typically will always lead to deep, ugly problems of some sort due to personality issues, will be reactive during the project, voice mail that is full or phone dead, will require a tremendous amount of babysitting and aggravation from start to finish.The one that values their time will be higher priced, easy to communicate with, quality oriented, on time, will require no baby sitting, will be proactive during the project, typically will be a very easy and painless working relationship.There is more money to be made in the long run when you focus your time on what's important to move your business ahead, freeing up your time and aggrivation allows you to increase your income faster than babysitting everything and pulling your hair out and everything taking 3 times as long.

At my property the last flood was 13 feet above the ground into the second floor 5 feet deep. 

I don't plan on going to college because I don't want to get neck deep in debt.

All I will tell you from being an experienced licensed plumbing contractor is process of elimination. 1st turn off the angle stop (valve to the toilet). 2nd disconnect the supply line from the toilet tank only leaving the connection on the valve. 3rd go get a pot (deep) and position the end of the supply line that you disconnected from the toilet tank and put the end into the pot (your going to have to hold it there by hand).

I keep reading forums that indicate you need a pretty deep knowledge space and it's not a good area for newbies and there are so many pitfalls... and and and... 

You have gone off the deep end.