My newest online experiment: building niche sites

I still haven't been pursuing a full-time work at home career, but instead have focused on the impending birth of my first child. Cora Mae is due December 4, and I've managed to turn being pregnant into a full-time job.

I posted a couple months ago about hoping to create a passive income from home while pregnant. I've had some success at eHow. I've written about 45 articles and am averaging about $35 a month. Each article takes between 10 and 30 minutes to write so I've only put in about 8 hours of writing time there. If my earnings stay the same, I'll make about $420 this year for those 8 hours. And, could earn for years into the future. My investment there should pay off, and I love the flexibility of this type of income.

This month, I'm creating a niche Web site. A lot more work because I'll have to write the Web site content based upon keyword research and set up the back end stuff, but I'm interested to see how profitable this can me. Based on my keyword research, I've picked student loan consolidation as my niche. The research shouldn't be too bad because I've been thinking about looking into consolidating my own loans and needed to do some research any how.

I'm still learning much. For anyone who would like to create a niche site along with me, I've used this eBook from Caroline Middlebrook to learn about how to use Wordpress to create a static site and an eBook by Josh Spaulding to learn about picking a profitable niche and how to market the site.

I've set up the hosting through HostGator and bought a domain. This week I'm busy getting ready for a baby shower at my house, but next week will be all about content.

My goal is to have the niche site up and running by the time baby is here. Any advice?