I've seen a fair amount of water damage in RV's in the past but have never done the repairs myself. I have used a similar epoxy to repair porch posts. I'd try to remove as much of the wet or rotten wood as possible rather than epoxying it. This problem is why I moved to metal framed RV's.

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1977 300d 70k--sold 08
1985 300TD 185k+
1984 307d 126k--sold 8/03
1985 409d 65k--sold 06
1984 300SD 315k--daughter's car
1979 300SD 122k--sold 2/11
1999 Fuso FG Expedition Camper
1993 GMC Sierra 6.5 TD 4x4
1982 Bluebird Wanderlodge CAT 3208--Sold 2/13