If you ask me, I'd say do the entire project on the cheap. Dirt cheap.
Make the movie with $0 budget. Have everyone take part in it for free.
I bet there are a ton of people who would love to get involved and they could help create a buzz too.
Plenty of movies have been made on an absolute dirt cheap budget.
You are very creative and you can get this done.
If the The Blair Witch Project was made for $35,000, it is possible to make one under that amount as well.
The original Friday the 13th was filmed near you too
Camp Nobebosco - 11 Sand Pond Road, Blairstown, New Jersey, USA
and Hope, New Jersey, USA
I wouldn't wait for someone to invest. I would start shooting today. Make the best one you can. Make it as an intro to the story. Have this movie multipart so it can grow as you find more success.
Why not? You can make it happen.
Get your web episodes up online now. Build buzz. Take advantage of your personal situation. You are young and creative, run with it!
What's your take?