What are the next steps---BRRR seems like a good method for this- as theres potential for long term renters(near elementary and highschool)Step 1- look for a hard money loan(will they also cover construction?

Start to evaluate deals based on the income approach and you'll do much better long term investing. 

However, when the first buyers failed to come through with cash as specified in their terms, the seller pulled out and offered us the opportunity to purchase the property at the asking price, and we did.

In terms of your question about owner disbursements, I believe all the Columbus ones I know of disburse at the end of the month. 

I personally don't care about pets as long as the owners are clean and organized.

2)  How long have you been STR investing?

Once you do, then you can verify if it's hard or easy to flip there.Couple questions I would be asking, how long does the permit process take.

There are many of us that are long time repeat clients on both ends of lending and borrowing that have worked with them for years and we are all very satisfied.

How long have you factored open occupancies? 

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.