I buy my STR's for fun so that I have cool places I want to go to for my family that pay for themselves and make some money.

It takes money to make money.

The apartment sale price 275k, loan amount 261k with 19k grant, no money out of pocket. after rehab rent 1850-2k month for location. my home 4 bd 2.5 b worth 217-230k will rent for 1800-2k month.

I don't like anything that loses money every month expecting/hoping that I will make it up with appreciation.I don't know that it is "losing money". 

Our attorney told me just return the money as the brain damage of going to court and potentially losing (court is really just rolling the dice - small claims court is not about justice and the law but what the "judge" thinks is "fair") is not worth the possible gain.We always sign a lease and any funds paid are first applied to rent and the SD is collected last.

Any recommendations for hard money lenders?

Risks/rewards, benefits/pitfalls of hard money to me...what are they?  

There needs to be more and more money circulated now that our currency is not backed by anything.

Buy the house and loan her the money. 

I have a great credit score and a good amount of money saved.