Acquiring a partner. Listsource

[Enrique Robles]

I currently have a small list I am working on myself. Direct mailing yellow letters to them. I have a coworker who is looking to invest in real estate and asked me if I would show him what I know and we can get started together. 

My question is. Because I am just starting out, should I purchase a bigger list from listsource with him? I have done the math and if we purchase a list of 1,500 absentee owners and direct mail yellow letters. Our marketing would cost about $1,000 a month. Im not completely sure how committed he is, but it would be nice to purchase a list that big. I believe the response rate in my area is usually 3% on yellow letters. Thank you for reading and responding.