Your newspaper can be as simple as a web site you create. There's almost zero cost of entry. It can be grown organically, as you develop a reputation for real journalism. Start small by specializing in articles on one topic like, say, what the city council is doing or what Boeing is doing. Become the go-to source of accurate information on that.

It'd be like the olden days when random people would print and distribute pamphlets like "Common Sense".