He provided a Job acceptance letter from his new employer showing that he'll make 4 times the monthly rent requirement, which is great.

If you can stand it, consider staying in, it gets easier as you mature and advance in rank.You'll work twice, maybe three times harder than you are now getting out and trying to get started in RE, there is nothing easy about RE or any other self employed venture.Education is not a gurantee to success, but it does open doors that are locked to those who have less of it.

I mean when you first find a broker and decide that you would like to work under them, what's the "employment" fee?

-Put bold information in the ad about easy qualifying for the property ( but of course you want to screen with a criminal background, verify employment, credit, evictions, ect). 

Following this process will help you maintain the tax advantages associated with your plan.Is this 401(k) with your current employer or a past employer?

Rodney, IRA = Individual Retirement Account (regardless if it is conventional or self-directed) and is established in individual name, not in the name of the entity.In order to establish Solo 401k, you need to have self-employment activity, which could be under entity or simply as sole-proprietorship.

Did a quick google on referral license, I couldn't find a definite definition, but reading, it sounds like you are employed bird-dog for a broker?

Also it is my way of making a positive different in someone life by setting an example by providing good housing, to being an employer, and proving the good guys can win outside of a fictitious movie role.

Investor loves her "day job" and wants to remain employed there.

Right now, I employed a Realtor to sell my property (more for legal reason than anything else) and I work with agents outside CA to find me what I need :)