If I were forced to pick, I’d lean towards purchasing two properties to diversify and spread the risk while potentially increasing your overall cash flow.

Being new, I would have recommended that before closing you should have forced the seller to get keys and to turn them over at closing. 3.

The interpleader term may force your LLC to submit to unfamiliar jurisdiction, potentially waiving protections, which could be problematic.

Agree with @Gorden Lopes - you will not find the 1% rule for A/B properties in Huntsville/Madison right now unless you score a unicorn of a deal, or put up an enormous down payment to force cash flow.Even C properties right now are not easily 1% rule applicable.  

Name:- Dean (aka GOGS...it's an Air Force thing, ask me about it in person lol)Area of Expertise:- Systems & Technology Implementation, Automation, AI, etc.

It’s true nail in the coffin is they FORCE you to open up checking accounts under some bank I never heard called “thread” in order to collect rent.

I mean both of them have not asked for capital calls or said they were forced to sell at a loss.. 

If the cash is limited and opportunities are plentiful, re-leverage, get hard money debt, partner with someone like me, etc.I would say to not force it. 

Insurance is another big ticket item for all beach areas, especially Florida.I had some friends sell their ocean front condo on Hilton Head, that they had owned it a long time at a great interest rate.Condo fees, property taxes and insurance made it not cash flow anymore.So they were forced to sell.

You could take legal action against the buyer to force them to follow through with the deal, but you probably wouldn't win.