Rem 700 an entry level gun?? More like one of the most purchased guns in the history of rifles being sold.
If you want an inexpensive (quality) setup, look at a Rem 700 ADL. You could opt for .243 or .223.... both would give you plenty of reloading options, be fairly inexpensive to load and shoot (and not beat you to pieces)...and the ADL's are solid guns. I've seen a number of them shoot incredibly well (like 1/2 MOA) with factory ammo.