If you do take a VPS.
SELF-MANAGED
You handle everything: operating system updates, security, monitoring, backups, control panel, and every incident.
Cheaper in money, expensive in time and risk.
MANAGED
The provider handles server-level maintenance, security patching and monitoring.
More expensive and considerably less to go wrong at your end.
WHAT TO ASK BEFORE CHOOSING
Who applies security updates Who monitors the server Who responds to an incident, and how quickly What backups are included What happens if the server fails entirely
FOR A RESELLER WITH CLIENTS
Managed, almost always.
Your clients depend on the server. Learning server administration on infrastructure carrying client sites is a poor idea.
THE COST COMPARISON
Self-managed appears cheaper until you count your time, and until the first serious incident.
WHAT NOT TO DO
Take a self-managed VPS to save money, then discover you cannot resolve a problem at a critical moment.
THE HONEST ADVICE
If you are asking whether you can manage a VPS, the answer is usually to stay on reseller hosting or take a managed one.