How to diagnose an old server hardware?

I have an old HP ProLiantML350 machine that I want to install Windows server 2012 on. Problem is I know that something is wrong with that server and Im looking for a way to diagnose that machine for hardware failures.

I already tried all build in options for diagnose and neither of them showed me whats wrong, but when I try to install an OS onto that server I get stuck in installation no matter what OS I use.

For example, the error I get when I try to install Windows Server 2012 while trying to format HDD is:

We couldn't create a new partition. [Error:0x800701e3].

Fixed my problem, it was a dead drive. If you wanna know how I did it, well combinatorics. 3 drivers, 1 doesnt work.