Should I quit on my contract job?

[Aaron Liu]

Hi, Everyone, 

I have been here for little while, but never had chance to introduce myself.

I just started doing wholesaling 2 months ago, however, I have quite real estate investing experiences since 2011 in Toronto, Canada, I have done some great deals, one of them is rezoning project, I can generate 350k profit on one property end of this year or beginning of next year. But it takes too long to see the result and longer the time, bigger the risk, especially in Toronto market, someone says Toronto 2015 is US 2006 market wise.

So I decide to move down South Florida, I just started doing wholesaling 2 months ago, I have quite few team members, formed entities, will open up my bank account in week after, have started making some offers through realtors, just haven't got any offer accepted yet, the market is getting hotter and no longer buyer's market for sure in some areas.

I haven't become RE fulltimer, my Mon-Fri contract day job has gone boring after 14 years working in IT development world. I want to quit because I need to dedicate on my RE business.

Currently I spend half day communicating with them and also other relevant parties. and another half day doing my IT work for client. It's always lack of time, often stay up late until 1-2 am and have to get up around 6am because of the early daily meeting on the site.

I feel I should be full time RE investor because I know what's going to happen, what to do next, however, I don't have enough time to move faster. 

All these can be solved by quitting the contract job. However, financially this is my only monthly cash-flow, even I have 6 months reserve, but I don't really know when my new RE business start generating sufficient income, what if longer than 6 months? it's my fear and worry.

Anyone, any advices, you are more than welcome to bring them up, thank you!