From our very initial research just on redfin/ trulia, there doesn't seem to be much inventory.

Others have suggested multi-family dwellings which is the better way to go.You might consider, Hudson, Essex, Lyndhurst, or North Arlington as markets for your plan and with substantial inventory to work with.

Don't get me wrong I just got started this year and things are progressing quite well however I am trying to increase inventory and this has been really frustrating.

I think I'm sensing a slight slowdown with inventory sitting just a little longer, ie 2 weeks instead of 1 week, but hard to gauge without data and factoring in seasonal adjustments.

Get to know the inventory that is available in the niche you want to work (SFR, Multi Family, or ?)

As you mention, the inventory is vast but the quality varies significantly and you have to be very aware of comps.

He did a great jobAlso, the market is so hot right now in Houston that inventory of homes is at its owest and we got many out-state buyers overpaying for homes in the MLS.

You have plenty of options in Indy for SFR/MFR.In my research, landlording is something many people do, but very few actually enjoy.My wife and I plan on purchasing turn key properties downtown Indy and having a property management company take care of the rental for 10% of the monthly rate.I personally would prefer to give up 1/3 of my cashflow on a property to dodge the headaches and focus my time on more important things.I know a handful of people here with plenty of SFR and duplexes in their inventory which range from $30k-$100k.

just personal experience, great place to invest, i have a holiday rental on siesta and annuals by the hospital and gulf gate area, running out of inventory though so now looking at a great land buy back opp in cape coral, demand for vacation rentals on Siesta is amazing....good luck

We nearly sold out our inventory last month.