The 500E is a good choice and you could do a lot worse than start there. The posts above are very good and worth reading carefully. I take it your'e from the 'Jawjuh' in the US, if so, you should pick up a 500E quite easily. I used to live next door and remember that there are always a lot for sale, just beware the ringers!
Lets see if theres anyone out there who can give a reason for the PIC flying from the left seat?