Well this is usually how i used to do it (and saw much success with it but got lazy since):
Test which offers actually get a few leads with a testing LP and a few thousand keywords thrown in yahoo (use advanced match type). Take one of the good offers and concentrate on that.
Make 2 good different LP's, 3 ad copies for each in every adgroup
Set up your tracking software like Prosper202, though personally i felt that Tracking 202 Pro was the BEST thing ever for starting and scaling campaigns until it started falling off (I think since the other company came in charge).
Set up a new campaign and throw in thousands of keywords (again, advanced match type) and just blast them away (your gonna lose quite some money during this), until you get keywords that do well for you.
Start a new campaign with those very keywords and variations of them (in standard match type), again use the two LP's and ad variations and just test them for a week.
Optimize your campaign, throw away the lesser performing LP, ad's etc. Throw away keywords that cost more than they make (unless you can lower bids if you have good CTR and ad quality).
Keep washing and rinsing until it becomes a well oiled machine. Export campaign to MSN and optimize there, screw Google because they will probably slap you. It's all really about finding the right niche/keyword combination, everything else is optimization.
You will have to blow through quite some cash in order to see success with PPC, best of luck. You don't need $15,000, but I would say atleast $2000 is a good amount to start with (but be a bit conservative in your spending).