I can select the mesh letter I, extrude it on the X axis and scale it inward to create an edge around it.
I would like to be able to create an identical inward edge that is inside the larger object, not only on the letter O but on any other mesh object.
How can I do this?
And how can I get rid of the face behind the newly extruded edge?
EDIT: I tried insetting but the mesh letter O looks like this: