If you plan on buying and holding in say a great pm company. 

Are you planning to hold as-is and focus on cash flow, or do you have a strategy for infill, increasing rents, or improving park infrastructure to boost value?

You could see if they were interested in holding a second mortgage on the property for their equity, but you need to check this with the first lender beforehand.

I’m not sure if the metric has changed much with inflation and rising costs but I’ve repeatedly heard that $200 per door is a good cash flow.

Owning buy n hold is not as passive as some newbies think.  

Unless you go out and get clients, which is a job and a tough one, then don't waste your time and money like I did.I've since put it on hold

I’m not looking to be an active/public realtor, just need a place to hold my license.For context, I currently hold an active HI real estate license in good standing and have strong networks on both Molokai and Maui.

On top of that, they require homeowners to hold the title for two years before being allowed to use the property as a short-term rental.

That gives you options to expand, hold, or sell land if the income isn't there. 

You could also ask for early occupancy so you can begin to collect rent and take all the holding expenses off their plate.