Many lenders haven't faced this situation so they are quick to shut it down.

This would still make it easy to switch PMS's down the road as you can keep the website, and merely swap out the widget.As others have mentioned Waivo and Safely are other options but have their own challenges. 

Down payments are a good thing for you, put as much down as you can.

It will help keep insurance down and limit the risk to the other operations. 

I like it because I’m putting only 5% down and the property was built in 2008.

It's best to keep your head down and look up in 10 years to see how it turned out.

My current situation: I found a buyer ready and willing to put down deposit before the rehab is even finished.

Myers down to Naples.

I'm not sure the cost for the kitchenette install with rough in work but I have great relationships with my subs and historically keep my reno costs down. 

Regarding OH specifically, some good info on the OH secretary of state website:https://www.ohiosos.gov/businesses/information-on-starting-and-maintaining-a-business/starting-a-business/Scroll down to...Guide to Starting a Limited Liability Company in Ohio