Pick 1: House hack or buy to rent?

[Sebastian Berrazueta]

Newbie here. I currently rent. I have an opp to purchase a bank owned turnkey property for 110k that would have a 15year fixed mortgage that cost less than current rent.  I can also fix it up a bit (new countertops, paint job, easy things) rent it out and make 1k over my mortgage in profit per month. 

I'm not sure if I should live in this new home, fix and flip or continue looking for a house hack. Thoughts?