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. 

I've also heard of requirements to own for at least one year before you can use the home as a STR.Hawaii is a leftist state that doesn't protect private property rights.

The description states the property is "ready for rehab and development".

I own mid term rentals in two different states/markets.

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

Although, what you originally stated did infer a different picture.

What state is the property located in? 

The current real estate environment that we've been in for the past several years hasn't presented any opportunities for deals like this.Because of the above bullet point, my real estate folio is kicking off a ton of profit each year which is fully taxable at ordinary income rates for me with federal plus state that means 42%From day one we've always self-managed everything, and built a great team of sub’s and handymen in every area, so that I’ve never had to do any labor.

Our company started precisely the way you stated your idea came to you.