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You want a fully managed server with daily backup for <$130? Good luck with that... if you want quality and reliability, then you should expect to pay a reasonable amount.
You want a RAID1 machine with hot-swap chassis's so you have some resilience against drive failures, this is going to mean a machine that alone will cost around $130, not including the cost of server management and backups.
A more adequate budget would be around <$250.
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