(I am not an accountant which is why I hire a CPA to do my taxes and someone may chime in to correct my explanation on this.)

The contract reviewer might or might not except a letter of explanation regarding the funds

My goal is to keep the explanation short, simple, and enticing to the owner highlighting the benefits they would receive. 

@Jorge Mendoza.Further Explanation: As Self Employed - we try NOT to show a lot of income for IRS Tax Purposes.

Great explanation, @Cruize L.

PM provided current rental situation, all units rented. 2016 "P&L" showing income and expenses.Selling agent's explanation: Properties owned by an investment group from CA that is trying to unload.

Brushes aside the career opportunities and massive amount of money in the area.I'm looking for a more sober middle-ground, or perhaps a more convincing explanation for either of the extremes if they happen to be true.

We were offered the potential of a personal line of credit since our BELOC funding is delayed with no explanation of why our BELOC funding is delayed.

. :) I read this somewhere on BP and found this to be a good explanation too: A = you and your family would live in itB= you and your family could live in itC = you and your family could live in it if it were an emergency D = you’d rather be camping @brandon @Brandon Barnic sorry for the late response - didn't see it until now. 

This is obviously not the perfect solution to every situation, but it is definitely a viable solution to offer a lot of distressed homeowners.I too would like to have someone else give a better explanation/example of "rehab to perm" as mentioned earlier in the thread.