No experience with short term rentals or dealing with tourists.

Our background is primarily in software, which we hope to use originate differentiated, high-quality deals.

@Sylenthia Boswell I hate to break it to you but its going to be really difficult to get deals without having some money to spend on marketing/skiptracing/cold calling.

Assuming I find another multifamily that would cash flow, how would you all finance the deal.

We lived in it for a year, remodeled both units and put in place a long-term tenant on one unit and a mid-term tenant on the other.Here's a little more details about this deal:*   Purchase price: $163k*   Financed price: $132k @ 7.625% APR*   After repair (estimated value): $225k*   Gross rents: $2150 ($750 one year lease & $1400 six month lease)*  Annual taxes and insurance: $7000*  Approx credit score: 650 (I used interest free credit card to pay for remodeling this property and maxing it out caused my score drop almost 50 pts!) 

You don't need to be an agent to have the opportunity to buy a seller financed deal!

A good lender/mortgage broker can guide you with that. 

@Jason Ouellette start looking for seller financed deals, but these will still require money down, or get them under contract and wholesale them to other investors.

I find agents who are also investors are the best guide for learning and developing a strategy to buy.

I'm a foreign national so my cash outs are capped at 60-65% LTV so even though I got great deals I still reached a point where my capital is now locked into these rentals.