If cash flow improves, it might make sense to hold onto the property while expanding your portfolio with new acquisitions.Reinvestment OptionsIf you sell or pull equity, focus on markets and property types that align with your cash flow goals:Out-of-State Markets: Research markets with strong rental demand, favorable landlord laws, and higher cash-on-cash returns.

File a complaint against them with the state licensing agency 

Depending on your state, many have local lenders that will go up to 100% LTV. 

If you and your wife are on the same page, I say absolutely go for it.Don't worry about the naysayers telling you to invest out of state if that's not something you're comfortable with right now.

Fees should be clearly stated in writing, easy to understand, and justifiable.

It's going to offer Strong economic growth, Appreciation (especially in DFW), Tax advantages (no state income tax), and a Growing population, including infrastructure and amenities. 

Since you'll be investing out of state, establishing a good team will be crucial.

Is this the case for all states?

I think you have a good plan, BRRRR is still a great route in the current market, and especially for the states you are already in - both Indiana and Georgia are very well positioned for BRRRR deals in my view / experience

As for the lawsuit, a letter to the court stating that the PM does not represent you and has no authority to represent you will get the case tossed.