I agree with Calluna... Rentacoder, elance, etc do offer opportunity, but you will probably spend a great deal of time bidding, negotiating, and trying to get requirements from buyers. I have done a considerable amount of freelance work and although many of the projects have been interesting, the amount of compensation ($) does not outweigh the amount of time spent on projects. If you are lucky enough to work with a bidder who has done their planning and actually knows what they want this might not be the case. Despite shortcomings, I would recommend you go ahead and give it a go. If nothing else you'll learn something from the experience.
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