Risk: Moderate

Renting out parking spaces can be a relatively low-risk side hustle. The main potential loss would be the initial setup cost for signs or online listings. Beginners might spend money without attracting renters right away, leading to a loss of time and energy. While startup costs are typically minimal, there is a chance they may not pay off immediately. Online discussions mention occasional challenges in finding consistent renters, resulting in some financial losses for beginners. Overall, the risk of losing money or time is moderate, but with careful planning and marketing efforts, profitability can be achieved within 2 weeks.