[Rodney]

My question is, are there any tips you fellow tranfers can give me on being able to charge my lower price and still get great quality finished product, while making a profit (cheapest youth tee prices, best wholesale paper, ect.)?

Screen printing (I think) is usually a better choice for large runs than heat transfer. For short runs, you'll probably run rings around the pricing of screen printers, but larger runs might be better suited for the strengths of screen printing (one laborius setup which allows easy printing of lots and lots of shirts)