I did this at 60 to get my epic land mount. I don't know if its still useful, but it was a nice way to get rep and gold at the same time pre-BC. and you don't even have to kill anything!
- Pickpocket a shitload of heavy junkboxes (i recommend Tyr's Hand)
- Take all the valuable stuff out of the junkboxes, just leaving 1 shitty item per each so the box doesnt disappear (leave the hickory pipes and stuff, take the poison mats out because they are useful/valuable. Or you can leave flash powder if there is any, since it sells for nothing)
- Complete the "Junkboxes Needed" quest at Ravenholdt
- DE the quest reward weapon you get, sell the ench mats.
- Make poisons out of what you looted from the boxes, or sell those mats too for extra money. Result: Ravenholdt rep, gold, and poisons