check for water damage to core
I was having problems with leaks inside the boat and just recently tackled the task of taking the hardware off and rebedding it. Once you get the stuff off, tap around the holes to see if you have any core damage. You'll hear the pitch change from higher to lower when you move from good wood to damaged wood. If you have had any water damage in there, you might want to step back and think about it for a moment. Some people or more and lass concerned about the integrity of the strength of the boat with some water in the coring, but at the very least, you will have to think about how to strengthen what you screw into. I had some damage, and I drilled the holes bigger and glassed in 1/2 inch dowels where the coring was-so that I can screw into the dowels (I wasn't terribly concerned with the structural integrity of the boat because of the minimal water damage). Other people have tried to squirt epoxy in any gaps, and other people have cut out entire squares and replaced them with good wood and then re-glassed. Even if your wood is good, you will want to think a bit about how to strengthen the screws purchase when you put it back in, and how to prevent future water damage--handrails are constantly torqued and will eventually allow water to creep in. You might want to use a syringe to fill each hole with penetrating epoxy numerous times, to guarantee no water penetrates in the future, and then be doubly safe by putting a bit of silicone around the screw right when you screw it back in for good. Good luck