The question is, how do i show the lender that we have the total assets needed to cover the down payment when i will be acquiring some of it from my partner?

Plus, it's a total waste of time.All transfers are recorded at the county level, and many counties around the country have on-line sites where you can review transfers. 

That's one way to survive a total economic and societal collapse.

Also, what would be a reasonable expense ratio (operating expenses/total revenue) and cap rate be?

Also, what would be a reasonable expense ratio (operating expenses/total revenue) and cap rate be?

My lawyer next sent a demand letter with the total amount, and after weeks of no response, he finally at the deadline dated by the lawyer, indicated that the wire transfer was put through to my lawyers account.

So I'm surprised by the minimalist bookkeeping.Thanks @Linda Weygant....I had the same thought about the IRS: I bet if they were audited they'd come up with some figures pretty quick!

Over the course of a year I would bet every note investor spends more than 24 hours on each NPN they have.

And I totally hear ya on that no doubt.

What if total costs end up being $160k and it appraised for $180k?