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I started mine for less than your budget. Got a 75G deep blue reef ready and 30G sump 1 year old for $200 on Craigslist. Had a local cabinet company make my stand to my custom design for $ 400 and I stained it myself. Reef Breeders photon 32 light from criagslist $200 which was still in warranty. Skimmer, jeboa return pump & wavemaker $175 for both. Salt, Dry rock, live-sand and other miscellaneous $400-$600. Wait a few months for the cycle to finish & recover from the setup expense. Then add some fish and coral slowly. You can really have a nice setup with that budget. I have just started upgrading to vortech pumps, dosing pump and apex the last year or so and it has been 4 yrs since I started mine. Got my Apex used on ebay for half what a new one with all the extra mine modules mine came with.
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