Businesses You Can Start Part-Time — page 18

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

Aspiring or current commercial balloon pilots willing to invest heavily in training, equipment, and insurance for a highly weather-dependent, safety-critical business

Startup cost

$60,000 – $250,000

Monthly earnings

$0 – $15,000 / mo

First income

6 to 18 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

Capital-backed investors or operators who want a relatively hands-off real estate business and can underwrite a deal, secure financing, and choose the right location

Startup cost

$250,000 – $3,000,000

Monthly earnings

$2,000 – $30,000 / mo

First income

6 to 18 months