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I'll give you the scenerio on how I started when I moved to a pay host from a free host.
I moved a little at a time, so that I would have an idea on how much bandwidth to use.
First I started on an "unlimited bandwidth" (shared-virtual) host then moved to a pay per bandwidth host, then from virtual to dedicated servers.
Autson.com used to have a good deal 10 domains on a shared host 40 gig per month for 40 bucks a month, it might be more than that now, but that is a pretty good way to start, consider that you only have to sell 2-3 memberships in a month to pay for the hosting
It won't do tgp traffic, but I would not suggest you do that unless you have really good experince with paid hosting for a number of months, then you can try opting for a more expensive plan
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