Yes, this was a Rent to Retirement purchase. 

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

Its not a set price per unit or building but rather a percentage of income to debt.

Job, family, retirement, location, world, moving,  etc3.  

Evaluating deals on this site will help you understand expenses, income, and financial statement.

So after being laid off a few times in the last 8 years I decided to get back into investing but this time focusing on buy and hold multi family real estate so that I could built wealth that could help me retire my wife who just had a long battle with cancer and survived , but is now back to work, and I want to give her a relaxing life free of all the stress of the world (by the way did I mention she is also in the mortgage lending field) so that explains the urgency to retire her from w-2 work ! 

Get a stable income, job and start with going the simple route.

Regardless of where my investment plans go, I'd be interested in coming to a meet up.

Quote from @Kevin Robert Highgate: The ability to invest in property and replace your W2 income quickly is tough.

The benefit of paying the following year is the interest income accrued.