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A managed dedicated server should be good enough. If you select a reliable company like liquidweb, nothing much to worry. 100 small websites on a good server is not a big deal.
Reseller accounts is not bad, if you really dont want to own a server. You can get an account with hostgator or something, you know they will not run away. I would recommend a small host named hosting matters too. Had a nice expereince with their reseller account some 4 years back.
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