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You don't have to take that much of a risk. A lot of the biggest programs in the industry started with a modest budget, and a handful of scenes shot locally. You'd be surprised at what percentage of the USA is "porn friendly". You could shoot a dozen scenes over a weekend near your hometown, throw up a quick site, and have a good indication in a couple of weeks whether or not the niche is worth scaling.
At least that's how I'd do it.
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