Risk: Moderate

I’d rate the risk a 2 out of 5 because starting a home maintenance side hustle can be risky for beginners, especially if they can't afford to lose money. Here's why: 1. Financial Loss: There are startup costs such as tools, equipment, and possibly licensing or insurance. If the business doesn't take off, these costs may not be recouped. 2. Time and Energy: Significant time and energy are required to build a client base and establish a reputation. If the business fails, this investment may not yield returns. 3. Confidence: Failure to secure clients or complete jobs successfully can impact confidence, especially for those new to the industry. 4. Common Experiences: Many beginners report spending money on marketing or equipment without seeing a return, especially if they lack experience or a network. Overall, while there is potential for success, the risk of financial loss and wasted effort is significant if not managed carefully.