For a beginner though, taking a chance on something like this would be a complete gamble unless you were prepared to part it out, or unload a lemon onto the next buyer if it turns out to be a pile of junk (something you wouldn't know until later).
Best bet for a beginner, in my estimation, is a used steel from an 'undervalued' brand, that you can resell for what you paid. There's still some well priced Dekleys, BMIs, Ruslers, and even MSAs out there. There was a cool purple Justice in the classifieds recently for less than 2k, and some BMI's for around 1600 I think?
Would you rather possibly lose $400 and waste weeks of your life struggling with an unplayable steel, or temporarily park $1500-$2000 in a quality pro steel that you can just resell for the same amount if you ever need to? The way I see it, the $400 steel has the possibility of being the more expensive option in the big picture
