Pete:
I have sanded a fair share of teak of outdoor furniture.
It sands well but it can be slow to remove a finish. You need to be careful with profiles (start at 100 grit) as they can quickly deteriorate during the sanding process.
I usually start with 80 grit on smooth surfaces (table tops etc.) and move up through the range to 120.
I have used Porter Cable, Bosch and Makita profile and palm sanders and they all can do a good job but dust collection on these are the issue. I wouldn't use anything other than a Festool for this now.
Porter Cable's profile sander is terrible. The Bosch profile sander is pretty good with an ok dust collection. Makita's dust collection is surprisingly good.
Teak dust is considered toxic so you shouldn't spend a lot of time sanding it without a mask or a good dust collection system.
I'm not sure you need to wait for the RO 90 but is sure is a good excuse to buy one. I am sure the RO 90 or any other Festool connected to a vacuum would work well. If you have a lot of profiles consider a profile sander as it is a lot of work (time) to sand teak profiles by hand.
In your part of the country the door has probably been finished with a varnish (maybe not that's why you need to finish it) and I would try to remove that with a chemical stripper first. Then sand. depending on the type of stain (Dye etc) used you may or may not be able to sand it clear. There are some chemical strippers that will also remove the stain but I have not used them.
After you have finished cleaning up the door and re staining, I would definitely finish coat it with a good Spar varnish so that Minnesota winter doesn't kick the crap out of it the first year.
Hope this helps. Good luck
Tim