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Why does my inline html field not show up on my custom record?

Custom record have setting to say allow inline editing if it’s false it will not show edit button.

Or do I have to fill it out with a client script?

inline html are for html, you don't see what's in them unless its html showing something

I tried with nlapisubmitfield but I did not see it.

as a non stored value field - submit field won't do anything

you can provide a default field value in the formula section

So let me get this. I just have a field that I can use a client script to add stuff?

Yes you can set that value with script - but submit field doesn't work because that would require that your field store value

however - if your method for setting the field value is depending on other records *on or attached* to the record you are looking at - you can potentially use the simpler formula box to do your HTML in

You can put stuff in the field with UE as well or default the value on the field definition as kevin said.  Depends exactly what you want sitting in there.