Buyer's vs. Seller's Market

[Justin Rockitter]

RE newbie here. I have been researching the difference a buyer's vs. a seller's market and have been confused as to what would be most conducive to purchasing a rental property in. I understand it would seem to make the most sense to buy in a buyer's market but then it would seem tough to get tenants since people would be more likely to buy rather than rent since prices would be low. What would you look for in a good rental property market in terms of levels of supply and demand? Any help would be appreciated! Thanks!