Cambion,
I'd skip this, because yes - it might lead to unexpected future problems. And how likely is it to bring you money anyway? I should think that most of these things languish and no one even looks at them. The ones who make money at this are the ones that 'go viral' and people feel sorry for them. And as you know - it usually has something to do with kids.
IMO it's not a good idea. Probably won't go anywhere and may come back to bite you later.
How about some other ideas?
You can get 'free money' in other places you know ~
To get it? You're going to have to do alot of reading, research, and paperwork. But so? So do you have to at a 'job'.
Consider this, as example -
http://www.keweenawrealestate.com/listing.php?target_mls=1084241#.VXD5YByaK4A
How much does it cost? $0.
And -
"There may be tax credits and grants available for this project."There's your Art Gallery - right there. For FREE! There may even be more money -
What you need to do now is -
- Gain a basic biz education. You can DIY this online + library books. You don't need to become Janet Yellen, you just need to learn 'the basics'. They want a 'business plan'? Easy. Plenty of examples online.
- Gain a basic construction education. Same as above. You don't have to be Bob Vila to do this - you can hire people for complex things such as wiring. Cleaning and hauling junk? If I can - you can. Sure you can!
- When the time comes - Incorporate a biz. Cambion's Crazy Crap! Look, I just picked out a name for it, ha. WHY you want to do this is - then you, and the biz, are *separate entities*. So - sure
you may have debt - but The Biz - has NO debt. This is beneficial in other ways too - such as if someone wants to sue Cambion's Crazy Crap - they sue *that* and not *you*. Eg. any suits / settlements cannot touch your personal money.
You can DO this! MILLIONS of people have, including ME! I'm incorporated in various forms, "The Biz" is incorporated, my home (s) are held in trust under another corporation - it's simple smarts for home owners too. I am not loaded by any means, but someone might think I am because I do have nice things (that I bought cheap). So let's say some Nefarious Money Grubbing Breeder thinks they're going to cash in because Bratley tripped on the sidewalk out front here. They can't sue 'me' - they'd have to sue the trust and corp. that holds this - point being - you keep things separate so assholes looking to rook you cannot clean you out.
I met a new friend here, who's an Artist. I do not know much about your line of work. I do know she makes *very good money* at what she does. Paintings. She makes paintings and sells them. She told me that she wishes she'd have met me 10 years ago because I am a biz person and maybe could've helped her. I do not know the "Art Biz" - my point being - neither did she. I have heard this from others too who studied Art - I guess they don't really teach you the 'biz end' of it all? So she had to DIY that end of it. And I guess some of these people get "Agents" to handle that. IIRC they take a 30% cut though. So I guess if one is a money maker - you can 'hire out' the biz end - everybody else, and for starters - you'd best "learn the biz end" on your own.
IMO General Biz WILL help you, most things are the same. Buy and sell and cover your ass. And you can learn the basics FOR FREE online and through books.
And there IS FREE MONEY! out there - look at this example right here. MANY areas are looking to attract new biz and offering all kinds of deals. There is (gov) grant money to be had, too.
But you know what you'll have to do for all it - PAPERWORK. And learning "general business". But so what? What else have you got to do?
I think that you could get *this place* - right now! By next week probably. Your Biz Plan - I would like to open an Art Gallery. That's your 'basic idea' - and then you work toward the specific. How much construction work will need to be done? What will it cost? What grants do I qualify for? How much revenue do I think I can produce? You will have to break all this out and detail it. You can learn how to submit such a plan - by reading. It's not that complex, others do it - and so can you!
I could do it for you - but as a biz consultant I don't come cheap. And - if I did it all and 'ran the thing' - you'd just be an employee. Why not make *your own thing*? You can! Look here - this thing is FREE! Plus - there is more free money for those who will develop a biz there.
They told us in Engineering school - you work from the vague to the specific. And in Biz school too. My aforementioned Artist friend said the same - they did get that idea, too - you work from the vague to the specific. Eg. Here's a thing I could do - so you work from the top down and break it into smaller parts.
All of these things ARE alot of WORK! And thinking, and research. It is not easy. But then again - if it were - everyone would do it. "Employees" want to be baby sat, Entrepreneurs be doing it for themselves. And it IS more work - but the freedom, and the possible profit - are what's *worth it*.
And now I hope to get into Real Estate as well. That's how I found this thing I linked here. No, it's not something I'd want - but I read all kinds of things. Research. You have to spend ALOT of time at it. I mention this because it looks like a good deal for someone who might want to start up some retail operation there.
And this place - you have to 'look around' too - this is on a peninsula in the middle of Lake Superior. Snow much? Yes. Yes it does. But as you can see - places like this are trying to *attract people*. To the tune of giving away free things! Plus money to get it going.
MANY PLACES have deals like this too - you have to keeping looking, reading, and researching. And with this - would an "Art Gallery" work there? It might. Because it's a tourist area. There are many "Art things" in that region, esp. in Copper Harbor, MI, which is just a few miles away. Lots of wealthy people with beach houses have money to spend, too.
Marketing. Find your market. You're not going sell ice to Eskimos. It's just simple common sense, and thinking and planning.
GENERAL BUSINESS. Start with this. The good news is - you DON'T need any more school - you can learn the basics online and from library books. I spent alot of money on an MBA - it isn't necessary for most biz operations. (I did specifically study market trading and forecasting, because it was what I wanted to do. So for that, I felt I got something out of this education. For General Biz knowledge - you do not need such ed.)
And then you can move to this place and open up your Art Gallery!

Or anywhere, or anything you choose. Just an example.
Oh and first step - stop thinking that someone needs to help you by giving you a job. That doesn't help you, it helps THEM. You will never be paid what you're worth at some 'job'. You wanna make money? You work for yourself.
I know you CAN!
First step: Start reading General Business. Get bored of it? Keep on by looking at things like the example I posted here. Look for RE (including commercial RE) deals. Find that overwhelming? Go back to the books. Tired of the dry texts? Flip over to the SBA (US Small Biz Admin) site. There's ALL KINDS of possibilities out there -
READ AND LEARN.Soon you will find that you ARE understanding these things, and one topic will lead to other things to research and will generate ideas you have maybe not thought of.
I found this "free thing" - AND SO CAN YOU!
Remember ~
I CAN
I WILL!I know you can do it! You're a smart person - yes you CAN!