Is this a good deal?

[Adam Steinberger]

Hello I am trying to decide which deal is better, if either.

1. Home price $110,000. Will add $20,000 in repairs and home will he worth $139,000. 
Taxes: $1750
Insurance: $700 

Rents for $1200.

This home is in a nice neighborhood and will rent easy. It will also bring decent appreciation and low crime.

2. Home Price $78,000. Nothing to add.
Taxes: $1100
Insurance: $600

Rents for $850

This home is in a C list neighborhood, and might bring some crime.

Thoughts?