Passive income: YES

Starting a Contract & Agreement Templates side hustle today has the potential to eventually generate passive income, but it largely depends on various factors. Many sellers in this niche have been able to set up systems for automation and outsourcing, enabling them to earn passively. However, it's not a guaranteed outcome for everyone. Setup costs for this business range from $100 to $5000, with time to profit typically taking 2 to 6 months. While some individuals have achieved passive income by selling templates, it tends to be more common for a few outliers than the majority. Success often requires a substantial initial investment of time and effort to create a strong template portfolio and establish a customer base. It's essential to manage expectations and not fall for myths of quick and effortless success in this field.