The inner edge of the classical habitable zone is often defined by the critical flux needed to trigger the runaway greenhouse instability. This 1D notion of a critical flux, however, may not be all that relevant for inhomogeneously irradiated planets, or when the water content is limited (land planets). Based on results from our 3D global climate model, we present general features of the climate and large-scale circulation on close-in terrestrial planets. We find that the circulation pattern can shift from super-rotation to stellar/anti stellar circulation when the equatorial Rossby deformation radius significantly exceeds the planetary radius, changing the redistribution properties of the atmosphere. Using analytical and numerical arguments, we also demonstrate the presence of systematic biases among mean surface temperatures and among temperature profiles predicted from either 1D or 3D simulations. After including a complete modeling of the water cycle, we further demonstrate that two stable climate regimes can exist for land planets closer than the inner edge of the classical habitable zone. One is the classical runaway state where all the water is vaporized, and the other is a collapsed state where water is captured in permanent cold traps. We identify this "moist" bistability as the result of a competition between the greenhouse effect of water vapor and its condensation on the night side or near the poles, highlighting the dynamical nature of the runaway greenhouse effect. We also present synthetic spectra showing the observable signature of these two states. Taking the example of two prototype planets in this regime, namely Gl 581 c and HD 85512 b, we argue that depending on the rate of water delivery and atmospheric escape during the life of these planets, they could accumulate a significant amount of water ice at their surface. If such a thick ice cap is present, various physical mechanisms observed on Earth (e.g., gravity driven ice flows, geothermal flux) should come into play to produce long-lived liquid water at the edge and/or bottom of the ice cap. Consequently, the habitability of planets at smaller orbital distance than the inner edge of the classical habitable zone cannot be ruled out. Transiting planets in this regime represent promising targets for upcoming exoplanet characterization observatories, such as EChO and JWST.