I'd recommend against any of those choices.
- Puppy Linux: It's a solid live boot environment but it's not really ideal in comparison to the major distros on a permanent install.
- Alpine Linux: Since it uses musl instead of glibc, you're likely to run into problems
- Linux from scratch: Going through LFS is a great way to get a solid understanding of Linux, but unless you want to spend more time maintaining your system than using it, it's going to be a frustrating experience.
Try one of the distros others have suggested.
Edit: I checked the specs on that hardware and yeah that's going to struggle. Maybe Alpine would be ok. It's fairly easy to spin up and might be fun to play with on that hardware. You'll probably want a fairly large swap if you're planning on using a desktop environment.