Let's say I created a manual Tier 1 on a tumblr or livejournal site with a backlink to my money site... how long should I wait before building a second tier linking to the first tier? A few days? 1 week? Don't wait at all?
Immediately as stated by GOY. There isn't a reason to wait. You're not ranking the T1. You are passing link juice. That's the whole point. Why delay that?
you can blast the shit out of tiers!... if you are building a tier 3, just go with maybe 10 tier 2 per day per url, but if you are not building ter 3 just let it run without limit, it wont hurt your site.
by the way good to know that GODOVERYOU is around here again.
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Now the question becomes: how many submissions/day immediately for the tier 2 which will be linking back to the tier 1?