This is an easy one..........
As I have embarked on just such a journey only I used 10 k to ostart!
Do lots of outsourcing and what i do is kinda like the 30 day challenge crossed with the underachiever method......and on the back end I combine affilate offers from places like clickbank and cpa offers from hydra, affilate.com and copeac...........
You can have 5-10 good sites up in 3-5 weeks and be making your money back pretty damn fast.
This is much less low maintenance than going strictly cpa stuff of ppv..
I had to learn this the hard way though..
I have actually bought all of this crap below
MAss control2
nitro blueprint
pay perclick formula 1 and 2
pay per view formula 1 and 2
Jim Edwards minisite creator 2
+all the tools seo elite, keyword elite, ppv dominator, market samurai, xsite pro 1 and 2 , dreamweaver, photoshop , cover action, and much much more
the big issue with cpa and ppv is that you have to constantly monitor your campaigns for profitability and make sure your affiliate network doesnt pull the offer when your not paying attention.
J