In uniform circular motion, either there can be no gravity, or we must assume that the tension varies in a way that perfectly cancels out the gravitational influence of gravity on the net centripetal force. The answer to 1 is yes, and to 2 is yes, provided there is gravity.
correct; speed cannot remain constant, or else the motion becomes uniform by definition. At the top the tangential acceleration is pointing in the direction the object would travel if all the forces suddenly vanished. If you are, for example, watching the object rotate before you in a clockwise path, then at the top the tangential acceleration, if non-zero, points to the right.
In practice, you cannot make a rock on a rope go in uniform motion if you spin it vertically. To do so would require that you accelerate it tangentially at a max when it's halfway going up, and that you negatively accelerate it with equally maximal magnitude tangentially when it's halfway down. You must smoothly change this acceleration much as a cosine or sine wave. If you do that, then props.