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Thanks for the offer mate and I'll keep it in mind, I've decided after reading peoples comments to go with my original idea and use it as a way of learning, if at a later day after I've done as much...

I have found a template in which I would like to use, I consulted a web developer from USA who quoted me $400 to change template, integrate whmcs and simple logo design, that price sound ok for that...

Also would I need to buy site lock and so on if I went to do this?

After reflection on my other thread on loosely the same topic, I decided to open a new one as this takes a different direction.
I quite like the idea of running an reseller hosting website partly...