You can also simply do this in Excel. 

We don't have big dreams and are simply generating living expenses and our future retirement (whatever they looks like).

You don't always have the option of financing - Sometimes the property conditions precludes financing, and often you are simply competing against other cash offers, making financed offers non-competitive. 

Easiest is to simply divide it by the number of people for anything that is variable (eg heat, electricity). 

Simply, REget's so expensive that demand dries up.

I am simply third party. 

@Joe VilleneuveSo you’re saying to simply save the money when nothing happens until something does?

It would be the same case if you commented about your discovery of rockets with Elon Musk in the room:) On a serious note, the others on this thread are simply sharing depth on the subject and highlighting the fact that you COULD have done a cost seg study and it would likely have given you more tax benefit on top of what you received. 

I've also asked about making use of the existing well/septic, although I anticipate on simply replacing same with the new construction.Our counties aren't very modern -- while tax info is available online, I still have to go to the courthouse to research any other liens/judgements against the current owner to see if there are hidden claims to the property.  

Are you coming across as someone who simply wants to buy property to make a buck or are you someone who  wants to help a person with their problem?