@Tricia O'Brien I had a retirement plan through my employer and set up a self directed Solo K through @Brian Davis at Accuplan.

Second all of the above, and landlords should also be sure (as some allude) that you structure the relationship as an independent contractor/client relationship (and NOT in any way an employer/employee, which can be problematic as you can be liable for an employees actions)...

Maybe share with her how having your own real estate business puts you guys *in control* of the money, versus relying on an employer to keep paying you?

I was working with him in terms of setting me up with a solo 401K but it didn't make sense for me because of lack of self employment.

Looks great on a resume too for any future employer.   

Are there any big happenings with large employers in or near your town?  

I wanted to know if Im able to make contributions (monthly when I was employed) to the IRA since I'll eventually be paying taxes on the profit.  

In that case, the self-directed IRA LLC is an equivalent program providing full control over investments and the ability to invest in anything the IRS rules allow.Generally speaking, when someone is self-employed and has no full time employees, and looks to be in that situation for some time, then the Solo 401(k) will be the better option.

That's about what I get at work so it pays for me to stay employed.

Personally, I like Indianapolis over Memphis due to the fact that it has stronger population and employment growth.