Should I refinance, rent, or sell my first home?

[Joseph Richardson]

I purchased my first home in a nice Indianapolis neighborhood two years ago for 126,000. It was a HUD home, and I am currently living in it. The comps are anywhere from 175,000 to 200,000 once rehabbed. My current loan balance is 115,000, and my monthly payment is $898 with taxes and insurance. My question is this, if I want to get started investing in real estate would selling, renting, or cash out refinance be the best move? I am curious on everyone's opinion and why they think the way they do. I do not have any other properties yet.