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Immediately take pictures of the signs and print out the ad they have on line.
Go to the Renting agent, or whoever you met with to sign the lease. If they will not act inaccordance with their advertising, immediately notify them in writing that you demnd your security deposit returned because they misrepresented their offer of the "first month free rent". Additionally tell them you were not informed that this was a qualified offer and "good offer" was ambiguoous. What standards did they apply, What credit score did they require, etc., They could apply a different meaning to different individuas.
In the letter also include a statement that you are willing to lease the property IF they make good on their offer. Otherwise, you will take them to court for the return of your security deposit.
You should work very quickly on this so that they do not have a chance to sue you first and say you signed the lease and changed your mind about moving in.
Be prepared to take them to small claims court. Let them know you are serious about wanting the apartment, but that you are just as serious about taking them to court if they do not make good on the advertisements, or refuse to return your security deposit.
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Thank yu and Good Luck!
ANDREA - Attorney at Law & Legal Expert