Hey there, ok so if u just started i is NOT recommended to run evr day and exhaust urself. Ur body needs rest, esp if u r not used to it. U cud injure urself easily if u keep running like a maniac like that, I'm basing that on my own experience. I suggest u run 3 times a week, and on the other days just do free weights at home, get 8-10# dumbbells to begin with and do 3 sets of 1-12 reps. Try to do weights 3 times a week for now in between running days or as another option u cud weights train in am and then go for ur run if u r a tough cookie and can handle it u know
As far as best time for fat loss, there is no such a thing. Just run whenever, make sure u had carbs an yr or 2 before u go tho. So u have fuel to keep going. Hope it helps. Let me know if u have any other questions
--> I work mine off so I can kick yours!