I'd find a used 6" jointer, buy a refurbished lunchbox planer, and get a Grizzly contractors saw. I bet you could do it all for around $1K if you looked for some deals.
TS $500
planer $300
Jointer used $250
Of course, these won't be the best tools money can buy......but you can make some darn nice furniture etc, with them.
I've been functioning with a Craftsman lightweight contractors saw with a redone motor for awhile now with decent results. Surely, that Griz TS is a much better and more accurate unit for $500. Hell, I don't even have a power planer. Unless you count my arms and a jack plane a "power planer".