Google doesn't like you building links at all. Whether it's automated or not makes no difference in principal.
If the OP doesn't have the money to automate their link building then they might be best considering producing some exceptional content which they can use for outreach, the white hat...
So essentially you want to purchase a cheap, very weak domain that you can pass off to unsuspecting newbies as a powerful domain due to its worthless PR?
It could work, as long as nobody with a clue about what they are doing purchases a link from you, as they will probably leave you bad feedback.
I see a drop sometimes when I suddenly build a lot of links, or powerful links to my sites. It could well be the Google dance, keep building links and have patience.
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