Thanks for all the info everyone has shared!!

I promise I've read through the posts, however I need a little help if you don't mind!
My DH has a friend that has offered us many times his discount and we've just never taken him up on the offer since we used
free dining or other offers. We could have booked free dining for 10/24-10/28 however we waited too long and airfare was nuts. Well, at lunch today airfare is about $200 per person so very reasonable and now, we are back to considering this trip.
We fit your situation above - appears to be between two different offers. So am I understanding the current offer is 50% off the resort and QSDP for $32 per adult through the 26th and there is currently no other F&F discounts after the 26th but one is hopefully going to be released soon, correct?
I've done split stays before so I'm aware of how they work, however I'm curious if we have to do this, will this count as two different reservations for the CM therefore taking up two of his four offers per year?
I'm trying to understand the logistics as well. Am I able to call and book this myself, then have him call and apply the discount and then we pay him through Paypal (or however we choose to)? Yes I trust him, however I don't really trust anyone with my credit card information - so I'm trying to make this as safe and easy on everyone.
I thank you in advance and aaarcher86 - you've been so kind and patient to answer everyones questions!!
Heather