I've always made the most money with the blogs I build all by my self. With that said I'd outsource the writing as It takes a lot of time and if you want to build a big network you will need to spend most your time setting up and optimizing new blogs. If you do the set-up right half is already won. Link building is important too, use your less successfull blogs to trade links to the better ones. Remember to always analyze where your sales are coming from and try to scale that up.
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