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The best is not always the cheapest. However, there are many good hosting companies out there as mentioned by others. But the service is the thing you should be looking at. Make sure the one you choose does not outsource their support and service to other countries. Based on my experience, those companies that use outsourcing don't provide that good support.
Try post some samples on youtube. You'll be amazed how people talk about stuff. If you are really good, you might get contacted from others who are looking for your skill sets and want to do a business with you. It's worth trying I believe.
It depends on the niche. Some niches, you can do really well with affiliate programs combining with Adsense. Usually, with that traffic, you can do pretty good with Adsense alone. If you don't do well with Adsense, you might want to try to switch the ads position and do A/B testing.