Welcome to APC! I see a few items that are very much in your favor.
1. You have a college degree
2. A stable job
3. An airplane owned by the family
Consider the current economic situation and for me, it seems that the best thing for you to do is to definitely keep your job and start on your IR on the Arrow and keep working on it. Again you are in a very good position and I am not sure if now is the time to fast-track it due to obvious economic reasons.