There are some decent players still. 

Most LH landowners are huge players like Kamehameha schools, DHHL, Campbell, etc. and they have had these LH properties for decades.You determine the rent you'll charge, but in order to be competitive, you'll want to charge a market rate.  

It seems like a lot of the bigger players are starting to sit on the sidelines anticipating a correction in the near future.

They would have their money dying a slow death in a CD making 2% at their bank while the bank loans out their money and makes 4 or 5 times that.

Refinancing with the same lender is possible, but perhaps not on the same terms, but still very good terms relative to the lending market and CD/bond market at the time of refinance.Any thoughts are welcome.Thanks.

Those that choose to broker real estate without a license end up like this guy did:https://www.myfloridalicense.com/sto/unlicensedact...He had contracts on the properties but Florida realized all the game players and scammers were skirting laws so they wrote the statutes to put an end to that.

If time permitted, I would begin to educate myself on real estate and start networking to know who are the players in the area(s) where I might like to invest.I hope that helps a little.

For a lender who is used to CD rates of return (Aunt Milly) you might offer 4-6% and they'd be happy.   

A safe B/A property would be best for a noobie over a C/D w coc of 10%.  

Investors generally want a CD with a lottery ticket attached to it.