What are red flags for a market for LTRs?

[Ally Alvarez]

Is it good if there are a lot of rentals available? Or, does that mean too much saturation? Is less availability bad, meaning not many wanting to rent? How do you analyze the need for renters for both ends?

Do school ratings matter for SFH?

As a beginner, I understand running the numbers as far as rent comparables, but also know there's more to consider than that. 

For OOS Investors, how do you analyze a market? I've read several books, listen to several podcasts, but the market analysis question seems to be answered vaguely (research growth, rent comparables, job opportunities, etc) 

Am I making it more complicated?