What is the typical % of profit split in this type of scenario?

The amount of investment varies on the type of business.

Depending on what type of business, you may also be obligated to pay sales tax, self- employment, social security, and medicare taxes, make estimated tax payments, pay duties, etc E.I.N Number.

Can anyone recommend a lender or give advice in what type of loan is best.

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So i guess I'm a buy an hold type of investor.  

Does this type of lender exist or is it a pipe dream?

It is in a neighborhood type atmosphere that has road frontage on two sides and I am thinking 8-10 2-3 bedroom higher end duplexes.

This post is the type of information I am looking for and though it may be basic for experience investors, it is Gold for me at this time in my life.  

I would say that many of my partners are the most creative, go-getter type, intelligent and most contribution minded people that I have ever met in my life.But for every one partnership that has worked out amazing, there have been about 4 that did not work.