req: CFI job advice

Hey, all. I'm looking for a bit of wisdom here. Background is, I'm a
system administrator whose job just dissolved in a corporate buyout and,
after being promised that if I came over I'd keep my salary and title, I was
sleazed into a 30% paycut (given a single day to either sign it or hit the
road) and a new position that they've literally lie to interviewees to fill.
If you've seen Office Space, that's beyond the deal. To keep it short I'll
just say I'm done there as soon as I find another way to feed and insure my
family.

Yesterday at the FBO three miles from my house I overheard the manager and
chief instructor send a potential student across town, about 30 miles, to
Hillsboro because there's already a student waiting list due to an extreme
lack of instructors. The chief pilot said "It's going to be a hard winter
because we don't have -any- available instructors out here."

Their website has indicated for the last month that they're hiring CFIIs,
but they told me at this point they're hiring CFIs who intend to add the
second I. Basically, they're desperate (I did not identify myself as a
CFI-student.) Despite the 50% cut in pay, my internal ADF is pointing
right to their front door.

I have a $600/mo house payment, a one year old and a wife who will be out of
college (second degree, already getting lucrative job offers) in the spring.
We have enough money saved to get by until then, but before I approach them
for a full-time job (they claim instructors work 40-50 hour weeks) I'm
hoping to find out what questions I should ask them and if there's anything
I need to know. I finished my Commercial in June and I'm ready for the
FOI. My wife agrees that my current work situation cannot hold out until
she graduates.

Any advice or hazards I should beware of?

-chris
CP-ASEL-IA