Wholesale Marketing Budget & Incorporating

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Hey guys,

New here, and to the business, so I'm just looking to get some insight from you more experienced investors.

1) I've drawn up a budget of $500 per month for the next 5 months to use towards marketing.  I've read some good literature and talked to a lot of people about best strategies, but with such a limited budget to start off with, I want to make sure I get all the advice I can to maximize every dollar.  What have you found to work for you guys?  Yellow letters, postcards, bandit signs, car signs?  What's the best way to utilize that money?

2) I've never started a business before, and I want to know if it's worth it at this stage, or should I wait until I start making some income?  What are the advantages and disadvantages, and what's the best way to go about that when it's time?

Thanks for the advice!

Jordan Marshall