I’m 6 months into the hobby, and my tank currently owes me about A$7,500. I am quite enviously of you USA based reefers - US$5,500 stretches a lot further than A$5,500 due to the markups etc we have to pay!
Good luck with the new setup. My only advice is don’t skimp on the quality of the mechanical items and consider a controller to alert you to problems.
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