OK, so a little research turned up an affordable geared inrunner solution. This particular motor and gear box can be bought for a little over $100.
Here is the link to the motor. http://www.himodel.com/electric/5mm_..._5408409S.html
And here is the gearbox. http://www.himodel.com/electric/Feig...7_1_Ratio.html
Will it last and last and last, like a Hacker or a Nue or a Kontronik? Probably not..... But you can give one a try for an affordable price and see what you think for yourself.

Here is the Motocalc comps I ran with this particular motor.

MotOpinion - P7 with Feigao 9S
800ft above Sea Level, 29.92inHg, 56°F

Motor: Feigao 540S 9T (5408409S); 3943rpm/V; 3.6A no-load; 0.0077 Ohms.
Battery: Thunder Power TP5000 (G4 ProPower 30C) (30C); 6 cells; 5000mAh @ 3.7V; 0.003 Ohms/cell.
Speed Control: Castle Creations Phoenix 80; 0.001 Ohms; High rate.
Drive System: APC 12x8; 12x8 (Pconst=1.08; Tconst=1) geared 6.7:1 (Eff=95%).
Airframe: Phoenix 7; 690sq.in; 119.6oz RTF; 25oz/sq.ft; Cd=0.047; Cl=0.47; Clopt=0.67; Clmax=1.24.
Stats: 180 W/lb in; 157 W/lb out; 23mph stall; 32mph opt @ 44% (58:27, 87°F); 38mph level @ 50% (48:22, 91°F); 2816ft/min @ 90°; -253ft/min @ -5.2°.

Possible Power System Problems:

The full-throttle motor current at the best lift-to-drag ratio airspeed (65A) is lower than the motor's maximum efficiency current (99A). A higher current level would improve system efficiency. Current can be increased by using more cells, a larger diameter or higher pitched propeller, a lower gear ratio, or some combination of these methods.

Power System Notes:

The voltage (21V) exceeds 12V. Be sure the speed control is rated for at least the number of cells specified above.

Possible Aerodynamic Problems:

The static pitch speed (91mph) is much greater than 3 times the stall speed (23mph), which might make take-off or hand launching very difficult, and is inefficient in flight unless very high speeds are intended. Pitch speed can be decreased by using a lower pitched and/or larger diameter propeller, a higher gear ratio, a lower cell count, or some combination of these methods.

Aerodynamic Notes:

Due to some of the potential problems listed above, this model may require an experienced pilot.
The static thrust (144.6oz) to weight (119.6oz) ratio is 1.21:1, which will result in extremely short take-off runs, no difficulty taking off from grass surfaces (assuming sufficiently large wheels), and vertical climb-outs. This model will probably be able to perform a hover or torque roll.
At the best lift-to-drag ratio airspeed, the excess-thrust (112.3oz) to weight (119.6oz) ratio is 0.94:1, which will give very steep climbs and incredible acceleration. This model can easily do consecutive loops, and has sufficient in-flight thrust for any aerobatic maneuver.