I’d say you are better off forgetting it. In addition to the table, arm, cartridge, phono stage and cables you also need to budget for a record cleaner (ideally ultrasonic) and of course loads of LPs as well. Finally setting up a system takes lots of experience and a set of tools, some of which are not cheap.
In my experience a $5k LP playing system is easily matched by the same investment in digital. I think the analog system would sound great and be very rewarding but you would still find aspects of its performance that digital did better (and vice versa)
Things change once you get into $10k plus when analog starts to really pull away. I now have a very high end digital rig but it’s easily outclassed by my analog system which costs substantially less. Nevertheless I need both as much of the music I want to listen too is only available in one format
So unless you are already committed to analog and given your budget constraints I’m not sure I’d start if I was you
In my experience a $5k LP playing system is easily matched by the same investment in digital. I think the analog system would sound great and be very rewarding but you would still find aspects of its performance that digital did better (and vice versa)
Things change once you get into $10k plus when analog starts to really pull away. I now have a very high end digital rig but it’s easily outclassed by my analog system which costs substantially less. Nevertheless I need both as much of the music I want to listen too is only available in one format
So unless you are already committed to analog and given your budget constraints I’m not sure I’d start if I was you