Is cashflow the first thing, when buying a ranch vs two story house for investment?

[Vik John]

I am buying one of the below investment properties both are houses with no HOA.

1. A two-story house 3 beds and 2 bath  (total 1400 sqft, includes basement upto 350 sqft) . Rental income = $1600 per month as rentometer

2. A ranch house with 3 beds and 1 bath ( 900 sqft with no basement) : $1300 per month as rentometer

Both the house in same area just 4 miles away .  but the 1st one is closer to groceries/pharmacy and is more kind of remodeled. 

Would you pay 45k more for the 2-story house ?   

Thanks

[Eliott Elias]

Pay what the house is worth on the market, not to you.