I am able to pay back the hard money loan and pay my contractors. and then rent out the home?

By doing so, I believe you'll increase the value of both properties.

If you have $100k to invest and put as a down payment, would you get 1-2 places that have a Cash on Cash (COC) of $500+ a month but no appreciation, or 1 place with a 5-8% appreciation each year but you break even or lose $200-300 per month on the mortgage by renting out? 

I just purchased a duplex about 3 months ago and recently had the lower tenant move out because I raised rent higher than she could afford. 

The housing price is so high compare to the rent. 

Who do you foresee will rent this for a few months?

The extra interest is small and increases our APR by about 1%.To do this, our lending attorney provided custom clauses in our loan documents, including a deferred payment section, an interest-on-interest clause, a balloon payment disclosure, and a few others.

I don’t like the area to live in but i could rent it out .

Other times renovate to rent.

They will be filing my 1099 for me to the IRS.In general, what tips and recommendations do you have that I should keep in mind in my first year of renting, and for a first time, hands-off landlord?