Buying in an area with high inventory

[Eric Z]

I'm looking at purchasing a home for rental property. The area seems to have high inventory relative to the rest of Cleveland. I'm nervous about not having enough rental demand in this area because homes are relatively cheap to buy.

Is there anything I should be worried about in regards to buying in an area with high inventory?

Does anyone have experience with buying in a high inventory area that turned out good or bad?

thanks.