It's important you understand the documents you are using and having an attorney explain all clauses and ramifications of clauses.

@John Leavelle Thank you for taking the time to explain that to me.

@Michael ClayborneJust curious as to why your agent hasn't explained the process to you? 

However every situation is unique so let me explain mine.

It took multiple attempts to explain I want a HELOC product.I ended up working with DCU Credit Union in Leominster, MA area and got 80% of the appraised value.

If after you explain the advantages of purchasing a property now vs later, the buyer still wants to rent, then show the rentals.

@taylorbrugna - I think is the simplest way to show money in when received and out when invoice is paid out.The issue that we have run into doing that is sometimes there are more charges in a given month due to the billing dates.Let's say the June mowing bill came the last week of the month and was paid in June also we then show double the normal cost in June and then we have explain why we had an increase in mowing.

Have them explain what they are doing so you understand.

If they ask and you wish to explain you simply say you chose a more qualified applicant.

If you explain the advantages of working with you (no commission, maybe less closing costs if you take some of those, quick and simple close, etc.) but also explain that you need a good price to make it work, and in addition don't put pressure on them to sell it to you because you're family, that should preserve the relationship, whether they sell you the property or not.