I investigated your ideas on the web.

Assuming the same expense ratio as the other property (about 42%), your $168k gross produces an NOI of roughly $97,500.

Couple scenarios to illustrate:Scenario 1: Let's say both deals create $10k in equity and produce +$400/mo in cash flow. 

I think the above would still be your best bet minus the house hacking - IE: find a place that is best set up to produce income, but also has substantial opportunity for improvement.Just my 2 cents.

Secondly, if you're buying an income producing property in Alabama in an LLC, it's undoubtedly going to need to be registered in Alabama. 

Yes I own my home but I would give a lot of push back to a complex or landlord if they didn’t allow me to produce my own plants.

Our well doesn't produce well and it's a constant concern.

There are two power systems, battery operated or hard wired, which allow the meter to communicate with a wireless router that sends the data to a database at the company (this is accessable to you the owner/property manager via the web) and then a bill is sent to the tenants automatically at a interval that you set.

Same amount of cash can produce a lot more returns when leveraged. 

@Alina Trigub I mainly work with web applications.