Hi Jackie! This type of dilemma has been weighing heavily on my mind lately too. It's such a shame there aren't better part-time options for moms. I haven't found the perfect answer quite yet, but I can answer one of your questions. I would not recommend real estate unless you have the flexibility of not needing to make money, in fact you have to have the ability to spend it for a while. Start up costs for real estate are in the thousands between licensing, insurance, membership dues and MLS access. You then would have to pay child care so that you can work, and you have to work a considerable amount at first learning the business and your market. And unfortunately, those things can't all be done on the weekends and evenings when your husband is home. Then, if you are lucky enough to find a real client in the early stages, your first paycheck is still at least 2 months away. Not to mention that the market isn't fabulous right now. It's great for buyers b/c the inventory is high, but the media has focused so much on how difficult it is for sellers that both sellers and buyers are skittish.
I speak from experience here. I got into real estate 3 years ago, and at first it was perfect for me. It was flexible, and I enjoyed it. However, at that time my husband made enough to "carry us" financially. Since then he has taken a lower stress and lower paying job, which has made my income essential. And the fact of the matter is that the income isn't there like it was a year ago. So now I'm thinking of other options.
I hate to be such a naysayer, but the bottom line is that real estate is extremely competitive right now, and it really only works for people who can afford to go without income for possibly even a year!
If you want to chat about this, please feel free to contact me!
S.