Between the Clone Soldiers, the Shadow Serpentis and the occasional belt Mordu there is so much ISK to be made in low sec in a ship that will pay for itself almost instantly. You will also learn a lot about how to stay safe, stick up for yourself and get braver, wilst always being very ISK positive.
You can start doing this very early on in 0.4/3 in a 4 mil destroyer and the rewards just keep growing as you can take on the rats in 0.2/1.
Dipping your toe into low sec may just change the whole way you play the game, and if you are use to mission / mining / combat site income you will have a big smile.
Pays worse than level 4 secruity missions, but you don’t need a battleship… or the skills to fly one either. The fact you can do in such a cheap ship and still make good isk, makes it something to consider if your war deced as well.
And, of much greater benefit than any bounties you may get, is that fact that sooner or later you will be forced into PVP…and from there, the journey has just begun