New investor fear: rentals?

[Victor Sarkisyan]

Hi Everyone!

New "investor" trying to get my first property to BRRRR. I've been listening to the podcasts, read Brandon's and David's book, trying to invest out of state, and I'm stuck in a place where I havent read too much about. Maybe it's part of analysis paralysis, or trying to find that unicorn deal, or fomo, I'm not sure what category it calls under, but here it is. I'm researching these markets, and start thinking about the following:

1. why is property still on trulia/zillow? It looks decent enough and would make good cash flow. Great neighborhood, good comps in the area. What gives?
2. why are there so many houses here for sale or for rent? Or so little? Are these quantities even accurate? Does that mean it's a market I should or shouldn't even bother?
3. this property looks great to buy, the numbers make sense, but is someone going to rent it? Why is this other house here - with a very competitive, if not cheaper - price, still not able to find a tenant after 4 months?

Do I ask my realtor for the market data because I'm out of state? That's what I hear others doing (of course do your own homework too). Still, when you're trying to find a right market and it takes a week to try and figure out from afar, it's hard to know what's right and wrong. Thanks for reading, I'm hoping to get some insight from people who have been in my shoes before (which I'm certain is all of you haha). Thanks again.