He has the cash and I have basic real estate education but no experience nor much cash (for now).

I would like any advice or help basically knowing as to where to start with my wholesaling adventures.

Because our rentals are out of state, we are trying a new concept of holding back 10% of the cashflow and donating it to a local community minded organization near the home.

If I were to use hard money, I'd basically borrow the money and then pay that company back with the refinancing, which is still a loan.

A lease option is (basically) a lease with a really large down-payment, during which time the lessee may elect to buy the property for a predetermined amount of money.  

One thing that made me feel as though I was on the right track in my education as many of the terms and concepts he mentioned were completely familiar to me. 

I basically turned it around from a quasi section 8 housing to student rentals as the units are all newly renovated inside and easy to show.  

Basically the family of the units are wanting to get rid of them.  

I'm basically spending about $100K to get 3.6% back in positive annual cashflow.  

I agree w/ Dmitri & Russell.This tenant sounds difficult to work with, and I'd want her out as soon as possible, w/o any incident.I'd take the lack of last month rent as loss, but turn it over as quickly as possible, and hope to find a better tenant, who'll stay long term.So basically cut the loss, and move on.