This vacancy control really puts a damper on a lot of CA investing strategies.For starters, if a building has hugely under-market rents, there's very little upside to renovating the building.

I believe the demand for good starter SFRs in SF is still on.

For starters I figured you'd get a ton of value out of reading The Ultimate Guide to Grading Cleveland Neighborhoods. 

Which means investors are buying and seeking renters. 1) As a starter, should I buy a new home sold by the builder or go for a older home?

For starters you're green to real estate, and you really need to be comfortable with being prepared to take over the project and debt service the first lien if something were to go wrong.  

In 3 specific areas that come to mind, cheaper house 150-250k (starter homes depending on the area) have recovered more than the more expensive houses.We personally use the second method.

Hello my name is KathiaI'm just getting started with BP podcasts and blogI've just downloaded the starter book haven't read it yet.I'm I the suburban Chicago area but I plan move out south to South Florida Miami area.I just signed up this week for online real estate agent FL pre licensing courses since that's where I plan to be and work.

Well for starters you need a new lease . 30 days is way too long try 10 days !

The starter SFH is in high demand and low supply but building costs inhibit it being cost effective to build more.

 $80k may or may not be a good buy, but the building requirement would be a non starter.