My guess is that everyone except
@m0nkey_ misunderstood the OP's message. It sounds like he's looking for a small 4-5 bay server. He sees the Buffalo Linkstations, etc. for a couple hundred $$'s and thinks he can run FreeNAS on it.
While you can build your own FeeNAS mini (it uses off the shelf parts), motherboard selection is quite limited. Ideally you want one that supports at least 32 GB ECC RAM and ECC capable CPU. If you can settle for a case that accomodates a microATX mobo, there are a lot more options in motherboards and you'll get more bang for the buck.
Many FreeNAS users, started off facing the same dilemma. Should we buy something like a Synology,etc.or go with FreeNAS? On small systems (2-4 drives), hardware costs for FreeNAS will be higher than the alternatives. Then there's the learning curve. FreeNAS has matured over the years and we have an active community, supporting users, whether noobies or experts.
For me, it boiled down to a couple of things.
1) When thinking about alternative NAS' like Synology, what happens if I have a hardware failure, especially if the device is out of warranty? Yes, I should have backups, but what if I didn't? Would I be scouring ebay looking for parts. With FreeNAS I can (and did) move the drives and boot device to another machine and be up and running again.
2) Data protection. Do some reading on ZFS.
3) Desire to learn something new.
I struggled with this issue for several months and finally decided to go with FreeNAS. I don't regret making the decision I made.