Some will just use a month of rent for this number, and others (such as myself and Jason DiClemente) will just take out the percentage associated with the area.

But not very often.Try not to get fixated on the CapEx percentage thing.  5% or 10% of one property can be vastly different from another property.  

I feel like it really only is for a small percentage for those who post similar questions.My $.02

Then origination fee which is a percentage point of the loan.

What is the percentage of return?  

Has anyone ever offered taking equity/percentage of the final profits VS interest or points? 

If you're not familiar it basically recommends that you have a bunch of bank accounts (income, profit, owner's pay, taxes, and operating expenses) and when money comes in you distribute it among your bank accounts in some predetermined percentages (profit first of course!)

This is one reason I use an overall percentage (55%) for expenses when completing my initial analysis.  

They have decided to take a percentage of the profits instead of a percent return of money invested.

Yes get a LLC or a partnership formed defining who gets what percentages.