Thanks a lot for the detailed answer. Going with providers is the preferred way. I don' have heavy boxes under my desk any longer :)
What about the IOPS? Many providers throttle the disk speed ...
Good luck with all your endeavours!
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If it's a dedicated server there should be no throttling present. I am not sure on this one as I've only used dedicated servers in production. I think any CMR hard drive should be fine. More advanced rigs should run ZFS with ram/ssd caching, but that's a whole other monster to deal with.
Thanks again. Yes, dedicated servers are not throttled while VPSs are.