We study the following nonlocal mixed order Gross-Pitaevskii equationwhere K is the classical dipole-dipole interaction kernel, λ 3 > 0 and p ∈ (4, 6]; the case p = 6 being energy critical. For p = 5 the equation is considered currently as the stateof-the-art model for describing the dynamics of dipolar Bose-Einstein condensates (Lee-Huang-Yang corrected dipolar GPE). We prove existence and nonexistence of standing waves in different parameter regimes; for p = 6 we prove global well-posedness and small data scattering.