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I don't think that profitability is the only factor here, there are other factors that should be considered here and they are:
1. The level of expertise that you have at the moment, as in dedicated server reselling it's up to you to support your clients.
2. the initial investments into the project: in dedicated reselling Serverpoint.com want you to get a few servers, so you should pay for them and then get clients to be hosted there.
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