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I am about to purchase x.yz or a.bc (not those, but same lengths). I want to sell subdomains like rst.x.yz to the public, and would be able to run my own DNS servers for it. Is there a system (iPanel or something, preferably free) that I can do this automatically, where the user purchases a domain and enters the IP to point it to (I am not hosting files) and have it create instantly? I am really trying to avoid the PayPal API as not to spend time re-inventing what could possibly exist already.

Do you think I should just stick with cPanel and let users make their own accounts and be touted a "reseller" ?

Other questions:

1) Should I run my own DNS servers as a backend to this? 2) How much to charge, and for one-time fee, monthly, or yearly? 3) Should I stick with redirects, or actually handle the DNS?

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closed as not constructive by John Conde Mar 4 '12 at 19:34

As it currently stands, this question is not a good fit for our Q&A format. We expect answers to be supported by facts, references, or expertise, but this question will likely solicit debate, arguments, polling, or extended discussion. If you feel that this question can be improved and possibly reopened, visit the help center for guidance.If this question can be reworded to fit the rules in the help center, please edit the question.

    
I don't understand why this was closed as non-constructive. It asks clear questions and I'm in a similar situation and it would have been nice to see some answers here. –  jonschlinkert Jul 2 '13 at 6:25

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