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RE: Steemit Witnesses, from my perspective.
This is really great but for most of us looking to start this up to support our communities, it's rather difficult to maintain given the cost as you have stated. You use see the maintainance cost being reduced any time soon
You could maintain it yourself, for free :)
The information is also free, on how to setup a Steemit server.
Check this blog for more information... https://steemit.com/steem/@someguy123/your-guide-to-setting-up-a-witness-server-steem-in-a-box-hf19
And if you need help with setting it up, join the witness channel on steemchat.
_Rob