JustinWith 500K cash, I would use most of it for one building if you can find a good cash-flowing one and the rest can be kept as reserves and/or private money lending.

Are there people who would do a private loan for just the downpayment amount?

Require MLS Participants working with a buyer to enter into a written agreement with the buyer prior to touring a home."

They also have an awesome self-service tour schedule signup page that is included through your listing.

The tried and true way is to purchase a off-market property, rehab for no more than 75% ARV, refinance to get your money out or payback the private hard money loan - start short-term leasing the property.

If it's in my private name I can do without an attorney.

I am not an expert on Cleveland or Columbus but I will strongly recommend you visit the cities you may be interested in and tour the local market with a Broker/Agent that specializes in rentals.

If so, you would need private/hard money so you can do renovations, and then AFTER you would do more of a permanent solution like a DSCR. 

I'm not sure where to start with private money or hard money lending when it comes to covering rehab costs on a rental property that we already own.

Become an LO in the Private/Hard Money space, and pursue both.