Anything, I should ask the Property Manager to add/update /delete to safeguard my self as an owner?

Additionally, I believe it has worked well because I treat my tenants well and make a point to be sensitive to their needs.

That's a sensitive question to ask  about the insurance money but if tht money is given it typically expected to be used to fix up the house.

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

As @Brian Burke mentioned once the funds are in there is pressure to deploy as the clock is ticking.Sophisticated investors are aware of this and are sensitive to operators looking for fees and doing marginal deals just to keep the capital moving.Third party Fund administration and audits are also very important to the more astute investors and will help in raising your first fund.

It seems that you have a very sensitive nose, so when shopping for your next house, make sure that you make it clear to the agent that you do not want a house with bad odors. 

Samuel,Man I wish was thinking like you are when I was your age.Your questions are good ones and show a sensitivity to how your inexperience and youth might be viewed by agents. 

Do intuitions have a “seasoning time” before it would impact your credit, safeguards to prevent this at all? 

For others that see this, our clients love John Phillips over at Brighton Bank (he can be picky with areas, though, but I think that helps to safeguard OoS investors more than hinder them) and Chuck Jackson at Guaranty Bank. 

You might want to find a lender now that will be favorable to you (but might be time sensitive to your double closing).