If you're looking to snag a nice barebones server on the cheap, check out the PowerEdge T110 II from Dell. It'll take a bit of DIY spirit to get it up and running, but since this model only costs $259, that's a worthwhile compromise.
from ExtremeTech http://www.extremetech.com/deals/210030-et-deals-dell-poweredge-t110-ii-dual-core-server-for-259
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