The laws are extremely complex and varied from state to state.

Hello all,I know that expenses vary on several factors and are different for every property.

In this scenario the terms are between you and the lender, and you would have to run numbers to work back in order to find what a great rate is for you, and a great return for the private lender.The reason you are struggling to find an answer is because profit splits are completely negotiable depending upon the structure of the deal, and rates vary depending upon your market a little, also your experience, down-payment, and wether you're raising just the purchase price (1st position lien), or the purchase and rehab (1st, & 2nd position liens), or just the rehab (2nd position lien), or even just raising the down payment.. there are a lot of scenarios.I wish I had a more direct answer, unfortunately I think you have to keep learning about investing, about your market, and about the financing options available to you.

I understand with most circumstances regarding hard money/private money, the documents/requirements typically vary on what the lender wants. 

They vary from state to state.

A typical lease will continue on a month to month basis until one of the parties gives proper notice(usually 30 days but can vary).  

Their desire to lend on investment properties teds to vary from time to time so you need to keep in touch.

My experience is that rates can vary widely even for companies of the same AM Best rating, so it really helps to shop around.

The quantities may vary depending on the time of market, but they always do seem to be there if you look hard enough..

There's a whole industry oriented around sales techniques and getting new investors to part with their hard earned money, for varying levels of actual education.