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I was in a similar situation about a year ago, had a managed VPS for some years before i needed a better server and had to switch to an un-managed VPS. Although i had another un-managed VPS without a control panel previously, this time round i chose an un-managed box with cPanel already installed. This was quite handy as i didn't have to deal with installing and licencing the control panel. As have always used cPanel, setting up sites, databases, DNS and all the other configurations was straight forward and fast.
A key aspect of VPS internet hosting is its virtualization capabilities. With VPS, the hosting provider divides each physical server into multiple smaller virtual servers with private and dedicated RAM and hard drive space. This provides site owners with a more isolated hosting environment without disruptions from other clients sharing server space.
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A virtual machine (VM) is automatically assigned a private IP address from a range that you specify, based on the subnet it is deployed in. The address is retained by a VM until the VM is deleted. Azure dynamically assigns the next available private IP address from the subnet you create a VM in. Assign a static IP address if you want a specific IP address from the subnet assigned to the VM.
A Virtual Private Server is created by partitioning the physical server into multiple mini servers, made possible by the technology of Server Virtualization. The term Virtual Server is widely used by Internet hosting services and it is often used to refer a Virtual Machine. A Virtual Private Server VPS works in a federated environment used by other virtual machines. But in all aspects the functionality is equivalent to that of an environment created by a physical computer dedicated to individual customer needs. It offers the same privacy, which is seen in separate physical computer environment, configured to run server software. Virtual Private Servers are also known with the synonyms Virtual Root Server VRS and Virtual Dedicated Server VDS.
In this case, providers do not offer any help in case any problems are encountered with unmanaged VPS accounts. The customers should, therefore, have a thorough knowledge of Linux operating system and understand the ways to control the VPS so as to ensure uptime, reliability, and server stability. There may be problems related to resources, software, performance, or configuration- all of them have to be handled by the clients themselves. The web host will only look into problems related to network or hardware in case of unmanaged hosting.