One in particular was excellent and I plan on working with him exclusively in the future.

Eviction isn't a good option, not if you want a pleasant holiday dinner.

Both the old loan and the new one are standard 30 year fixed residential investment mortgages, no FHA or anything else odd.I'm assuming because of the holiday the mortgage has not funded, so when my payment came due today, there it went out of my bank account.Does anyone know what happens in this situation?  

And Happy holidays to you and yours as well!

The holidays and a couple of structural changes have slowed our roll a little, but the foundation is poured!

Omid Alipoor I treat the lease and the option as two separate transactions with two separate contracts.The money the buyer/lessee pays for option is a fee that is earned as consideration for the exclusive right to buy a certain property within a certain period of time; or better put, you are being paid a fee for giving up your right to sell the property to anyone else for a period of time.  

Being before Christmas she should be able to find a temporary job.The key will be if she had a job making 9hr before then likely can replace that income now or if she had a really high paying job then doubtful she will find a similar one during the holidays.

By purchasing a cash flowing rental you will be improving your ratio.Happy Holidays!

If you did a 12 month and then raised $20 a month you would lose $40 to not have a vacancy during the holidays....  

I wouldnt want to rent the place out for holidays, just on long term rentals.