Definitely apply as early as possible. The process has taken a lot longer for me than I initially expected, and it appears from other threads that this is the norm. I was told by my recruiter that supply is looking, but is very competitive. Your minor in business is an advantage. I agree with the others in that if you are not accepted on the first try, keep at it. The board will look at the whole package, so if you can pull up your OAR score to a competitive score and maybe get additional references, your chances should improve. In your application be sure to be very specific on the circumstances surrounding your arrests, and be convincing in your motivational essay. Hope that helps.
Oh, and learn to be patient. The process will take a while :icon_smil