I'm from SoCal so well aware of the pitfalls of being a landlord there, and I have a friend right now going through a horror show that you would not believe.

Risk Tolerance: Commercial real estate often involves larger investments and higher risks, but potentially higher rewards.Expertise and Resources: Commercial properties may require more specialized knowledge in leasing, property management, and market analysis.Market Conditions: Local market dynamics, including vacancy rates, rental trends, and economic forecasts, should influence your decision.Ultimately, both commercial and residential real estate can be profitable investments when approached wisely.

Look for beginner-friendly courses to build your knowledge base.Networking and Mentorship:Join Real Estate Forums: Engage with online communities such as BiggerPockets, where you can ask questions, share experiences, and learn from seasoned investors.Attend Local Meetups: Look for real estate investment clubs or meetups in your area.

Well answer it depends.

Hope all is well, I am looking to Take a Job in a different City And Looking At Housing an Came Across a Home that is for sale.

I recommend you start in a market you have intimate knowledge regardless if it is high cash flow/low appreciation or vice versa.

I don't have the data (although this is something @Dave Meyer will hopefully look into) but I don't think new construction will appreciate as fast or as well as other properties.

Well, fortunately they didn't listen to me, sold at a fat profit and bought a house in Boca Raton. 

They often have insider knowledge about upcoming projects and market trends.Attend Community Meetings and Workshops: Many cities host community meetings, workshops, or open houses specifically for discussing future development plans.

This as well - what do you mean on "obviously can't DSCR it" - to the contrary, DSCR Loans have become the main option for BRRRR Refinances ever since the GSEs upped the seasoning requirements for cash-out refis last April