welcome aboard.
your method wont work. there are no shortcuts to a safe boat, and attempting to pour epoxy into rotten wood (that will never dry out even in years) is simply never going to work.
do some reading first
here is the sticky
http://forums.iboats.com/forum/boat...r/295740-how-to-s-and-other-great-information
read links 14, 2, 3, 4a, and 4b.
now re-read link 14, watch the videos, etc. Jay has more vids on youtube.
now proceed with boat repair.
your boat is built with poly, no need for expensive epoxy
a restoration of your hull will cost you about $2k - $2500 for materials and incidentals (Assuming you already have tools, etc) and about 200 hours of work. if you need interior work or anything else, the price goes up. so if you only paid a few hundred dollars for the boat, stop now. scrap the boat, salvage what you can sell and buy a boat that needs less work. (all boats under $5000 need work)
step 1 - find a place you can work on the hard
step 2 - get boat to that place - call boat movers, rent a trailer, buy a trailer, etc.
step 3 - remove the interior from the cockpit and aft area
step 4 - remove the drive
step 5 - remove the motor (either build a wooden gantry if the boat is on a trailer or hire a truck crane)
step 6 - document the engine compartment with pictures, sketches, measurements, etc
step 7 - clean out engine compartment
step 8 - remove the rub rail
step 9 - remove the cap
step 10 - buy the proper PPE (see link in DIY sticky)
step 11 - fire up the saw and remove the floor
step 12 - breath, its all going to work out
step 13 - document everything under the floor with pictures, sketches, measurements, etc
step 14 - remove fuel tank, water logged foam, etc.
step 15 - remove rotten stringers and bulkheads
step 16 - grind, grind, grind, grind and grind some more getting the hull ready for new stringers and bulkheads. when you think you ground enough, grind for a few hours more
step 17 - fire up the circular saw and make new bulkheads, stringers, mounts, etc.
step 18 - bed in all the stuff you just made
step 19 - tab in all the stuff
step 20 - replace everything that will be under the floor
step 21 - foam as required
step 22 - redeck as required
step 23 - breath
step 24 - gel coat all your work
step 25 - add in all the other stuff in the bilge area
step 26 - replace the shift cable (trust me, you will need a new one anyway)
step 27 - install the motor
step 28 - align the motor
step 29 - replace the drive
step 30 - replace the interior
step 31 - get boat back in the water
step 32 - enjoy boat.