Hosting should not be a point of concern for your website. Depending upon your experience and technical know-how, you may benefit from going with the most popular hosting services, even if they are a little more expensive, rather than going for the best deal of a host with no reputation. If Google has a problem with your host then you will most likely have problems with Google. In many ways, it is preferable to have an individual IP address so that risk of index removal is minimized. Getting advice from an expert can save you time and money, on the other hand experience can be a great teacher.
Sites hosted by free web hosts aren't expected to rank high at Google for most competitive keywords because of the obvious reason that free sites are mostly prone to depleted content. In a nutshell you must be thorough with your web host and clarify all issues before selection. These small considerations can make you safe for your further plans toward search engine optimization.
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