Good morning All:
I have a laser welder.
I also have a full-on prototyping shop that I've run for decades.
I mention the laser welder for a bunch of reasons.
When I imagine myself in the OP's shoes, the welder is attractive because:
1) Almost nobody has one so there's not a lot of competition.
2) It's small, clean, quiet, stand-alone, single phase 220V etc etc.
Not even a fussy girlfriend would object to having one in the living room.
The hardest part is lugging in an argon bottle twice a year.
3) Once you find out how to price your work it can be lucrative...I have jobs I run from time to time that net me several hundred dollars per hour, and I can sit in comfort and splendour while I do stuff that no other shop can take on.
4) The workpieces are all small...no cranes, no hoists, no thousand pound pallets of material.
You can just put them in your pocket and walk them into your apartment, and no one needs to know.
5) The workpieces are all pretty simple so they don't take long...you can do a project in an evening and walk away with several hundred bucks of easy money.
They come to you because there's no one else who has the gadget (unlike say, a CNC mill or lathe).
So as an apartment type side business in the manufacturing domain, it has a lot to recommend it.
Having said that, the laser welder was by far the worst ROI of any of the toys in my shop, but I resurrected a wreck for cheap and ended up doing OK with it.
I was doing the wrong work on it, but once I got into micro fabrication, my profitability just soared.
Repairing injection molds and fixing people's busted eye glasses for twenty bucks a pop was not it!
Welding together micro plasma nozzles for a local company was!
So was welding optical parts together for another company.
If I had just the laser welder I could probably do OK with it as a retirement gig, even if I had to give up all my other gadgets.
But crucially I have the connections now...I've been in this gig for over twenty years.
If the OP wants to do it too, he has to build up the connections just like I had to.
Cheers
Marcus
www.implant-mechanix.com
www.vancouverwireedm.com