There are many providers who are giving managed vps server with cheapest cost. Let me know how much RAM and Hard disk you need so that can assist you better
VPS are very cheap now a days so if you want to host more than one websites then you must use vps servers. Many provider are giving fully managed vps servers on which they used to setup and migrate sites as well. As far as your query about application hosting then I suggest to use a separate...
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