Don't forget killing in crushbone lowers your Indigo Brotherhood faction (The Dark Elf Warriors Guild - in neriak commons)
You should be able to turn in deathfist slashed belts (from east commonland orcs) into freeport as a DE wizard. This is another decent option a little closer to where you start, and it won't make you KOS in parts of your home city.
http://wiki.project1999.com/Deathfist_Slashed_Belts