Wholesaling Strategy - I have a budget!

[Nick Peraino]

I have spent the last 18 yrs of my life as a musician, living hand to mouth. After much careful consideration I've decided to invest in RE. Conveniently, after making this decision, I received a check from the IRS. I want to use some of it for my direct mail campaign. My question right now is... Do y'all think $1,000 over 6 mos ($167/mo) is going to yield reaults here in Pensacola FL? Podcast 77 and 81 focus on wholesaling/marketing. Michael Quarles suggests 10% call rate, 2% of that 10% may close ...I think, may be off a hair on those rates. So I should expect 100 calls over 6 mos and to get about two deals. Any insight or suggestions on the marketing or even on my newfound situation of having a workable budget for the first time in my life and mountains of motivation welcome!!