I am about to close on my first STR in Panama City Beach, and would like to try and get people in there for the winter months to help cover the costs and lessen the maintenance burden. 

I wouldnt rule them out completely but I would try to understand why they are not respecting that rule . 

If you did find someone who would do it, you would get crippled by the fees.The majority of people who do low to no money down deals are people who already have money.

That should be your focus.Personally if you have one mortgage already that is negative cashflow I would be hesitant to buy rright now, especially in canada where from reports their housing situation for pricing is far worse than the US on affordability and just like US, people think prices can only go in one direction but reality is they are moving in the opposite direction.

I have very few people, to bounce ideas with.

It's people-intensive and blends the amenities of an airbnb  with a boarding room/inn concept.  

For example, with 25% down what are people getting after all expenses are paid? 

I was wondering how much do people budget for vacancy for seasonal rentals.

Agustin, Regardless of where you are going to invest you need a team of people around you to make your real estate investing business successful.

This constantly gets my name out there and now I’ve got people approaching me about moving into my units on a regular basis.