There is no inventory at all for houses this size in the $150-250K range.Our Zillow photos and description are not up to date, but I don't mind sharing the info now in case anyone wants to look. 

After reviewing their inventory, I landed on a property in Davenport, IA which was renovated in 2019 and occupied (and supposedly current) when I closed in early November 2020.

That said, sales face a continuing headwind from the low inventory of existing homes.

Their margin is being smashed and they are surviving only cause inventory was bought long ago.

With COVID, not only has it affected the sales market, which has very low inventory, it has affected the house rental market also.

The only sticking point for the larger properties (3-4 units) is they're not nearly as plentiful as SFR's, so sometimes adding an off-market deal finding strategy like cold calling all 3-4 unit owners in the market's you're looking to buy in, is a way to help you keep moving forward if there isn't much inventory on the MLS.Good luck!

Flipping own inventory@Zach Davis can make sense.

@La’Taunja Martin Cooper.....come on down....join the party.....I think we are down to 1-2 months inventory here....lots of people moving.

Also, you usually want to find a good deal where you can add 20% value, so basically over 80k at least, and that is very hard to do in this market when inventory is so low and demand is high. 

1.66 MILL Housing starts announced, over +250 people moving to Arizona every day, Extreme Seller's Market, inventory well under 2 months supply, Average Median SFH price is +330k and rising, historic low interest rates for 2021 remain, 7.5% increase in conforming loan limits from 2020 to 2021 = increased buying power, unbelievable rent and sales price increases, and the list goes on!