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Drywall can get wet and dry out without sustaining permanent damage, but only if the water damage is minor. If you have a small leak and are quick to correct the issue and set up blower fans and dehumidifiers, your drywall should dry out. If the leak is persistent, the drywall becomes totally waterlogged, or mold begins forming on the drywall, you should remove and replace it.

Whether you can reuse a drywall anchor or not depends on the type. Plastic expansion anchors and plastic self-drilling anchors, which expand once screwed into the wall, are single-use only. You can't straighten and reuse them after removing them from the wall.

Metal toggle bolts can be reused, provided you can successfully remove the toggle from behind the wall. Once you remove the bolt, the toggle often falls down and can be difficult to retrieve without removing the drywall.

To hide drywall edges, you need to properly apply drywall tape and multiple layers of joint compound. These materials hide the seams between drywall sheets and fill the holes from drywall screws, leaving behind a smooth, flat finish to paint over. Apply joint compound smoothly, and finish the job by sanding the walls to make sure you fully hide drywall edges and other imperfections.

Yes, it’s possible to hang drywall by yourself, but it can be challenging (and more expensive). Without an extra set of hands, you’ll need to invest in a drywall lift to position the heavy drywall sheets on the wall. You can buy one of these drywall tools for a few hundred dollars at your nearest home improvement store.