Just out of curiosity, how are new investors making deals work in todays market? 

I'm looking to purchase my first short term rental in an expensive market and was wondering about how many people are able to manage their own properties even potentially clean, fix them.

I am not a market-timer, and a time in market person so just for folks calling that out that is with this considered.

Current rents are a bit below market, $2475 total, 3bd 2ba, 2bd 1ba and 1bd 1ba.

Completely different markets.

For example, if your EMD is $2,000, they will lend you that amount for a fee.Borrow against stock portfolios - If you have a stock portfolio or retirement accounts, most brokerages will allow you to borrow up to 40% of the portfolio's market value.

Do you know short-term rentals are only allowed in certain markets?

Rates and terms to good to be true in todays market for instance there is no 5% money for anyone not even from banks.. rates should be 9 to 15% with 2 to 5 points plus fees. 6.

Would just like to reach out to the community for any advice or tips on getting funding to help with the project.I know typical banks will not lend for spec builds.I have completed other small Developements ( duplexes, triplex etc)I have about 20% to put into the project and the market is very strong. 

Where I live just running numbers on the MLS there isn't a lot of inventory of multifamily for sale on the MLS it seems like landlords trying to sell their properties in my area have them overpriced.I'm from Kansas curious what you guys are getting or if you have to look elsewhere besides the MLS. 20% Minimum COC, 15- 20% net on cash purchase In the Ohio markets