We know this because starts are in the 240,000 unit range, and construction is a pipeline that takes time.

I have a 2BR on the front range in CO and half of the time it is just parents and few kids. 

For lower value flips, 200 - 300k, we stick to that range as the projected profits doesn’t have much room for an inevitable rehab oh-$hit.

Other properties in that area of similar size and vintage in good condition have sold in the low $200s and rent in the $1600-$1800 range.  

somewhere in the price range of 50k-100k, because thats  what I can put a 25% down payment on.It sucks not being able to take advantage of an FHA loan for my first home purchase, but I don’t see myself moving soon because my entire family lives in LA. 

Put your best foot forward.For a water front house I always lead with the water.For you it could be the arcade room. 

He announces his live presence at his home office right where boats can drive by on the water, and it's not safe.

Thus, they are more apt to be torn down since they are in central locations and larger projects can replace them.With regards to the general BP poster or reader, doubt most of us are the $100mm to $300mm investor range to consider taking advantage of these properties.Looks like you're in California. 

I would think it would rent well in the 1,350-1,450 range, above that it will be tougher.

I was now without power, or water.