Also, since their services can be very time limited, there is always the issue of the tenant finding suitable employment, keeping said employment, the employer not jerking the tenant around (especially with low income workers, it goes both ways), etc. not to mention whatever other issues, be they family, substance use disorders, disabilities, etc. that could have contributed to them being in need of a high level of services.

The financing must be non-recourse and there is a tax implication on the income derived from the borrowed funds (UDFI), but this can be a very powerful means to invest using leverage and achieve a higher cash-on-cash return for your IRA dollars as a result.You  cannot rollover Roth IRA funds into a Solo 401k, although such a vehicle may be of interest to you going forward since you are self-employed.

Now to go make my employer a little sad, Im going to have to cut my hours to learn more in this industry, to really reach my goals in the next 2 to 3 years.

I like the long-term prospects of Richmond because it is so affordable and still has a reasonable commute to major employment centers like SF, Oakland, Walnut Creek, etc.

I'll just have to battle through the beginning stages, and rely on the income from my current employment to get me rolling.

I'm full time employed but when I'm not traveling, I'm driving for dollars.  

Find W2 employment.

My only concern is that NJ requires a broker's license to open this business and for that I need 3 years of employment as a RE salesman in order to apply for a broker's license, which I I don't have time to do because I'm going to stay in my career working full time for now as well as investing. 

Any thoughts or ideas about how we can get started to get enough transactions completed so that we are better positioned for one of us to quit our current full time employment to work on building the business full time?

@James ShelbyIt appears that you may not qualify for a solo 401k because your are not self-employed.