I moonlight - I own my own set up and I work out of my house after the hours I put in as a drafter. A freelancer works full time for themselves out of their own office.
Main thing I think is to hone your skills. You need a visual eye for design and composition. A photograhers sensabilities and a really good understanding of how buildings work. Knowledge of cad software I think is also very important. Plus how to do things to computers so they don't die.
Jeff Mottle here at CGA is very strict about creating a professional mood. This means no talk about warez or cracked software. This is important for many reasons and it is just a fact of life that you are going to have to buy a bit of stuff. I would imagine thinking about $10,000 to start. Also to freelance you need to do all your own marketing/budgeting/fun stuff like that. So pick up a few business books I love Guerrila Marketing but there are thousands of business books.
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And you may ask yourself
What is that beautiful house?
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