Buyer beware on future safety though.

So he introduced me to an insurance broker of his and he cut my yearly premium to $472.

Most sensible people will take the cost averaging, while the ones always living on the edge will opt for the higher in-season surcharge; that might help you make a decision between two tenants if you include it as a question on the application. 

The other applicants may have lied to you because they want to gain an edge.

If you can partner with your mentor, and leverage their track record with apartment owners and brokers, then you'll cut your learning curve and get to your first multifamily deal much sooner.PM me if you want to hop on a call!

Usually Boards are limited to considering violent felonies or crimes that could threaten the safety of the membership. 

They act as your cut-off on whether to even pursue.I have ALWAYS purchased based on positive cash flow.  

You will certainly need to find a way to raise some of your own capital to put into the deal so I suggest saving, cutting your living costs and perhaps getting a side hustle or second job to pack away cash.

If you keep the property from health and safety violations, manage like a business, and carry good insurance you are best off vesting in a single entity Revocable Living Trust- this gives you stand alone one property protection and saves a boat load of money.

I bought it when I first started out, and it gave me a great framework of forms, procedures, etc to make it feel like I was running a business and not running around like a chicken with my head cut off (you still will, but you'll look better doing it!).