I have been doing some reading on how to study a market for investing and after I read several articles I feel confident in knowing how to investigate a market but then 5 minutes later I feel lost and don't know where to start.

Like I said before, I'm just the owner and like other absent owners with "other" full time jobs, my primary focus is to simply find tenants not having time to further investigate the intricacies surrounding the lease.

@Tricia O'Brien, Brandon Turner listed some sites in his new book about different web sites for investigating crime rate and school district ratings in order to know the areas better. 

So, as the well known vigilant broker I am, I investigated.

B. (1) BUYER HAS: 30 Days After Acceptance, unless otherwise agreed in writing, to: (i) complete all Buyer Investigations; review all disclosures, reports, lease documents to be assumed by Buyer pursuant to paragraph 8B(5), and other applicable information, which Buyer receives from Seller; and approve all matters affecting the Property; and (ii) Deliver to Seller Signed Copies of Statutory and Lead Disclosures and other disclosures Delivered by Seller in accordance with paragraph 10A. (2) Within the time specified in paragraph 14B(1), Buyer may request that Seller make repairs or take any other action regarding the Property (C.A.R.

Most often something in between.Make sure you investigate the situation closely before moving forward.

Getting caught buying an investment property with FHA and not living in it likely involves an FBI investigation and a felony for mortgage fraud.I'm in a similar scenario as you and would be happy to share any of my findings on the topic or send you a few comprehensive reads.

Gives me a starting place from which to go do my homework/investigation.  

My theory is that it may speed up overseas investment as investors there race to get ahead of further devaluations (and before they're swept up in 'anti-corruption' investigations which are mostly designed to weed out anti Xi Jinping factions).There is another hit to demand that also could originate in China; the slowdown in their economy and it's effect on raw materials producers (see http://www.visualcapitalist.com/china-consumes-min... for a good look at that).

In the meantime, I continue to search out the area and have found a few more to investigate.