However prices have appreciated so much and inventory way down, cash flow from current investments is going to be tight for current investors.  

Wyeth Street has the most high-end renovations for any of those tight alley homes. 

Houston is going to be your best bet at this point, New Orleans is really tight, deals are very hard to come by these days.

Has the selection always been this tight? 

The market is extremely tight and inventory is scarce.

        Purchased this one for $89k with a $60k Rehab $249k ARV and as with most rehabs it's taking longer and costing more...Besides that due to Hurricane Harvey and an already tight sub-market I am happy to say it looks like our ARV may be inching up over the next month or so which is GRRRREAT!

On the other hand, the grip strip ones lie down really heavy and if you have the strips rolled tight will follow uneven floor contours without too much trouble.

When you put no money down, it can be tight on multi families, even if it looks like the rent will cover the whole PITI, even with extra left over!

@Zach KrietemeyerZach,You need to go with a no income verification product if your debt ratio is tight and you can't use your SE income. 

I do plan to have a lawyer draft up an agreement but immediately after purchasing a house money is going to be tight.