Do you choose equity no tenant or do you choose tenant less equit

[Kori Kelly]

Jus got my offer accepted on a property that I've been trying to get for a while now. The numbers seem right and the tenant has been there forever but theres hardly any equity in the property. However, The property is in good condition. While I was waiting for that offer to get accepted(which took forever) I came across another property in the same town that looks a little better and they said they would let it go for 50k which would give me about 20 25k n equity but has no tenant. Also needs some tlc on the inside. Whats the better investment?