Leafs: Your situation is indeed a rarity, and I'm happy for you that you scored a good rig on the cheap.
Bigo: If you're willing to go 1.5K, then I'd advise using something like a Grado Prestige series cartridge on a 1.5K used table and arm. You can always upgrade the cartridge later when funds allow. Perhaps a good used table and a new Origin Live modified Rega RB-250 would fit the bill.
Come to think of it, another line that you may consider is the Eurokit (renamed Scheu) tables marketed by Audio Advancements. Their entry-level table with an O.L. arm might fit the budget, and all indications are that they sound pretty good. Just a thought, -John