With a tine budget like yours, (is there even a decent e36 possible for that price?) I would look at any e36 that isn't a rust bucket which runs like a pile of poop.
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--'00 BMW ///M5 .:Jet BLK/BLK:. Individual - Style 65 Wheels; 9.5" Square Set up;275 Tires;10mm/3mm Spacers; Black Kidneys;Muffler Delete; 3.5" Dual Tips; Beast Power; "Dinan" Ducts; E60 SSK; BC Coils
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'81 MB 500 SEC Euro Koenig
'91 Alfa Romer 164S- Red/Black/ Recaro interior