Businesses You Can Run From Home — page 14

Capital-backed investors with strong real-estate, legal, and financial judgment who can stomach illiquid, lumpy returns

Startup cost

$25,000 – $150,000

Monthly earnings

$0 – $12,000 / mo

First income

3 to 12 months

Experienced operators with a real estate track record, capital, and a network of investors who can raise and steward other people's money

Startup cost

$50,000 – $250,000

Monthly earnings

$0 – $40,000 / mo

First income

9 to 24 months

People with strong credit, real cash reserves, and the patience to treat a short-term rental as a long-term illiquid investment, not a quick income play

Startup cost

$60,000 – $250,000

Monthly earnings

$0 – $6,000 / mo

First income

2 to 5 months

People with significant capital, strong underwriting judgment, and the stomach to enforce a loan and foreclose if a borrower defaults

Startup cost

$75,000 – $500,000

Monthly earnings

$500 – $15,000 / mo

First income

1 to 4 months

Capitalized, patient investors who treat it as an operating business and can handle infrastructure and tenant problems

Startup cost

$100,000 – $1,000,000

Monthly earnings

$0 – $30,000 / mo

First income

6 to 18 months