I would think it was a "bait and switch" type of tactic and I wouldn't want to rent from someone I didn't trust.Not saying you are a bad or untrustworthy person :)! 

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.

I don't like the idea of having my money tied up in this one property in spite of the minimal expense, but good cash flow.My husband has been self employed for over twenty years.

You have to employ the right strategy at the right time for your market.  

I just asked my realtor about this last week and he said 90% don't close on time.The first one was a 2 month delay once the underwriters discovered that my husband's employer was going through a bankruptcy- they announced it about a week before we were to close.  

HI Robert,I work with self employed and investors as a niche in lending.