My Dad is a very smart and successful man and has vastly more to bring to the table than I do right now, but I know we can be saving/making far more money.  

I have a lot that I can bring to the table.

The out of market partner is generally bringing the money to the table, while the local partner provides the deal, project management, etc.I applaud your initiative, but I question whether - as a new investor - out of market flipping is the way you want to go, particularly in the Dallas market right now.  

Donald, I don't think all of the points in your table are accurate.

The deal I have on table now is 80k purchase and 25k rehab ARV high 200's.

Are there hard money lenders that will lend against the equity in the home if I'm not actually able to bring cash to the table?

With regards to extreme frugality, if you've ever read any of Grant Cardone's books, he addresses this issue from a unique perspective. 

Nothing is illegal unless it's done under the table.

We can not even eat at the kitchen table no more

Each of us is unique and special, indeed, you are special.