Virtualization box for testing

I'm looking for a low cost soultion to build a server for testing out different virtualization softwares like VMware, Hyper V, etc to set up a lab. I d like to be able to run 3 servers and 4 work stations. All on a Microsoft platform, servers running 2008 R2, Server 2012 and Win7Ult and Win 8.Id like to keep the budget at $800 - 1000 or less if possible.........Any suggestions?

I just saw this:
AMD FX-8350 Octo-Core Processor

4 GHz, 8 MB L2 Cache, 8 MB L3 Cache, Socket AM3+ - MPN: FD8350FRHKBOX See Product Details

$193.79 - $227.94

And thought here is a great start!!!!
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  1. maybe you arent familiar with this CPU, but it is quite popular in toms member and can be A great alternative

    similar with i7 with no onboard GPU and no OC ability. suitable for professional/server work
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