Could you critique my marketing/deal flow strategy?

[Nicholas Testa]

Hello! I'm Nicholas, I'm a rookie wholesaler and I've yet to get my first deal. I have a very very small starting budget, essentially I'm going for no more than the $150 a month mark. would you critique what I have planned and tell me where I can improve?

I found that deal flow is essentially a function of how much marketing I do, since i have such a small budget i have to be very efficient with my marketing, so I'm using a "targeted" list. I'm licensed so i compiled the list from a tax/property info database available to us in Texas, so i can save from buying list on listsource. the list is all absentee owners, 3/2, 1970-2000, no recent mls records, price range from 80k to 200k. I've cleaned the list up so that I only kept the ones in good neighborhoods. 

at this point my list is around 130 properties. I read that the best way to get a deal done is being persistent and hitting the same leads around 3-4 times and i should get at the very least a 1% response rate.

at around 25 letters a week, i can hit 100 properties a month. I'm looking for a better job at in phone sales (t-mobile, att, verizon, sprint) so that i can make more and up my budget. if i get a job at one of these places i can go from 100 letters to 500+ letters a month easy.

so at 500 targeted letters a month, at a 0.5% response rate, i should at the very least get 1.5 deals done or so a month. maybe averaged out to about 15 deals done by the end of the year.

does this sound accurate and plausible?

now assuming i get the better job (i'm currently at starbucks making less than $8 a hour) I'll have money left over to do more marketing. I was considering investing about $15 a day on Facebook ads. so around $450-$500 a month. can you think of something better or more efficient that i could use that same amount on?

this is strictly for my getting started in wholesaling. my goal is to get at least 10 deals done in wholesales so that i can have enough money and have learned enough from shadowing investors to flip my first house, preferably in a subject-to situation but will most likely be using hard money.

sorry my post is a little messy, but essentially I'd like for you to tell me what I'm doing right, what I'm doing wrong and what I could do better?

I really appreciate your time and advice!

Nick