Use what you have at home. One man's junk is another man's treasure. I sell junk on the internet and make about $100-$300(US) a month. I've auctioned beanie babies, old magazines, CD's, vinyl records, coins, comics...etc.
The most popular stuff is anything dealing with celebs. I've sold picture CD's of Brittney Spears, Jennifer Lopez, and Tom Cruise.
My most profitable sellers have been autographed merchandise from sports celebs. Last year I auctioned one of my Jerry Rice autographed footballs for $120(US). A couple of years ago I sold my Vince Carter autographed basketball, jersey, and rookie card as a set and received $2870.00 (US) for it. I remember one guy who auctioned off his autographed Tiger Woods golf club and received $1300.00(US) for it. Make sure you get a photograph with the celeb! That will verify the authenticity of the autograph.
Its not difficult either. Your parents and friends may have junk lying around and don't know what to do with it. My friends and family have given me stuff because they see no value in it. I had a friend that sold me his Star Wars card collection for $15.00 dollars and I auctioned them off for $46.00(US).
I haven't registered this as a home business, yet. However, I've heard that you can write some things off such as part of your rent for (using your bedroom as an office), meals, gas money, cell phone bills...etc.
If you do get into it, always remember to target US or British customers. They are the most profitable clients that I have. Don't waste your time with Canadian buyers unless its something of high value. You should also check out collectable shows as well as used-book-stores and used-record-shops. Lastly, keep an eye out for what's trendy on the internet. That should determine what products you should focus on.