getting into vinyl


Like the title says, I’m thinking I should get into vinyl what do I need to know? I’ve been looking at some used Music Hall MFM and Ikura turntables in the 500 range over kill for 1st TT?
jfondell
Thanks everyone looks like I'll have to save a while longer and up my budget a lil to achieve what I'm after. I have Krell system with Tyler Acoustic Decade speakers which is very revealing so I'd have to get a run of the mill TT and be disappointed so I'll just save more and look into a 1200-1800 budget. As far as a phono stage what do you guys recommend? 
While saving for the right TT, spend some time researching pnonostages regarding the amount of gain provided and cartridge loading parameters. Systems differ in the gain provided post cartridge and phonostage and cartridges vary in gain provided and electrical load requirements. Many threads available on this forum refer to these characters. 
For a first rig, if possible, I'd try to get a VPI Scout Jr.  One can be on sale for around the $1000.   For a versatile phono preamp, I'd go with the Lehman Audio Black Cube for around $400.  That will serve you well for a while.  The dealer I work with loves this combo, so feel free to message me if you'd like to get in touch with him.   It's a great value in my opinion.  Best of luck.
It's apparent by your system that you're accustomed to high quality reproduction. It will take some doing and expenditure to equal your present setup. When I got into vinyl about three years ago I decided to wait until the system that I could afford was a keeper. Glad I did. 
OK. WHY do you want to get into vinyl? Have you heard turntable set ups that blew you away? Are there titles available only on LP that you can't find on CD? Have people told you that LP's sound better than CD's? For the life of me, this new phase of vinyl nostalgia is bewildering at best. Pops and clicks, the possibility of needle damage and the unnerving impossibility of track selection is enough to make me scream! And better sound? If YOU think so then go for it. I do own a turntable (VPI TNT Mark5 with 12 inch VPI arm and a Benz ruby cartridge, all set up at the VPI factory). Does it sound as good as my Cary 306 SACD player? It's very close. I upgraded my Cary to an Esoteric X-03SE player. It isn't even close now! Man, the Esoteric is a mile ahead. Certainly I can throw more money at the VPI but how much to better the Esoteric? Thousands! Get a turntable if you're really compelled to BUT, hear one that sounds great to you. Don't read about how warm or great they are. The only real advantage I can think of is the vast number of records out there that may never see release on CD and of course the great 12.5 X 12.5 area for artwork. Other than that, $2000.00 put into a great CD player will blow away most $5000.00 turntable set ups. My humble opinion. Good luck. Joe