Can someone help me see if renting it is a good idea or am I better off taking some money from the sell and waiting for another deal?

I can refer you to my investing group's financial experts (accounting firm / law practice), if you like.Where the issue may be getting confused is that the interest on financing is an operating expense for income property, but the principal portion is booked under debt service, as I understand it.

Just looking for unique ideas that others are using during down times.

Being a complete newbie...I have no idea where/how to start or how that works. 

Any idea which department to contact?

I'd like to compare notes and swap ideas.

Should I consult with various lawyers and a CPA, is it better to go with a firm that has experienced in various practices such as corporate and tax law and maybe immigration?

The idea of BRRRR is that your repeat Buys are COMPLETELY funded by Refi deposit cash back!

I have talked to a few people in the Real Estate Industry and have had mixed opinions as some say is a bad Idea to start as Part Time agent.I would like some Feedback either positive or negative if I'm heading in the right direction or if anyone has taken a similar approach.Thank you in advance.

That will give you a better idea.