I'm not sure what you mean by "activate it" but the 5 year visa validity starts on the day you were approved.
Then each time you enter Thailand you receive a 180 day entry stamp.
Come and go as often as you like during the 5 years. Each time you receive 180 day entry stamp.
Edit: of course any and every entry is up to the immigration officer and depending on your specific circumstances, the port of entry, which type of DTV, the mood of the IO, and many other factors, entrance is never guaranteed for ANY visa including the DTV.
I have entered and exited a couple times already on the DTV (remote work nomad). Never had any questions from immigration. I went to Taiwan, Spain and Laos.
I definitely prefer airport immigration over the land border at Vientiane because much easier than the walking, crowded bus between Lao and Thai border, etc
The other country didn't ask any questions related to the stay in Thailand or DTV. Irrelevant to them
I did it in Jomtien. Need residence certificate and copies of relevant pages in passport. Also plan on having to go back a few times...
I would suggest going to one of the inspection stations to do it rather than the main office. No long lines, they handle everything, can get the insurance there also. For me it was 30 minutes closer drive ad well.
No need to change anything. The only time this could become a cause for question is if you want to do an in-country extension rather than a border run.
Officially not married so not a spouse. So both of you would need a separate application and qualify on their own.
I don't quite understand your comment on the bank account either... The bank account doesn't need to be in Thailand. Your partner couldn't open a bank in their home country or other country where you are?
Either way, to qualify each applicant has to be able to show a bank account in their name with 500k baht. Supposedly some say there is a way for a "sponsor letter" but haven't seen any reports of it actually being done