Linked Data Manager "Cannot use object linking and embedding".

I am getting an error with LDM with the two error messages below that come up at the same time:

If I click through all of the errors, the file eventually opens, but obviously none of the linkages work. 

This is on a machine running WIndows 10 Pro 64, Office 365 2016, and occurs in both SS2 and SS4. I am wondering if Windows 10 or Office 365 2016 has something to do with this issue.

The only other thing I can think of is the file paths as sometimes I work on the network and other times I copy this project local and work on it. But the paths in LDM don't appear to distinguish any file paths leading to the directory, only the path within the working directory, so that probably doesnt matter.

Thanks