Hi Kasey,
first of all – you have to set up your workflow. Most of the compressed stuff, cameras are working with is a non working editing codec.That’s what Bob said with mpeg4 crap. Bob is right. You have to bring all material to a decent standard.
In our case we work with ProRes422 if we work with FCP or ProRes422HQ if we edit with DaVinci (We’ve all 4k UHD material).
Your workflow might be different, if you edit with Avid.
Second thing is: We editors need a Raid System for editing in real time, especially working with 4k.
You’ve experienced this with your machinery.
What are your system specs? (Thunderbolt2,3, FC etc.)
How big are your projects? (2-4, 5-10, over 10TB per project)
How many projects at the same time?
What is your budget? (you’ve mentioned 5.000 bucks)
How much redundancy? (Raid5, Raid6)
cheers
Rainer
factstory
Rainer Wirth
phone_0049-177-2156086
Mac pro 8core
Adobe,FCP,Avid
several raid systems