1k $ is good for the start ?You might tell us (and potential hosts) your requirements.
But your wallet should be filled with lots of cash. Partly because you need an offshore host.
I won't say no. Streaming offshore dedicated servers will set you back a minimum of 300-400 dollars per month per server. It takes quite some time before you're profitable. And in this time you'll burning money.
And let's not start with maintenance ... you need staff if something goes wrong. And it will.