i've never played a schecter so i don't know, but you might be better off just going with a high end Squier or a low end Fender Jazz if you want to learn slap and stuff. But just try a local music store or something, they're bound to have some insight and you can try stuff out.
Rockin' shit
Im currently asking the exact same question on my thread, and the general consensus is yeah theyre good.
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Current Gear
Schecter Stiletto Elite-5LH
Dean E09L
Line 6 LD15
I was in the exact same position a few months ago, except I was playing a Schecter 5 string, and I can say that me and my guitarist both use Schecters and we'll both vow they're great!

Also on the 4 string business, for that price range, look up a company called 'Cort'. I recantly bought a Curbow off them and would have easily spent double the price for the same bass, really worth a look.

Hope that helps!
Quote by Casketcreep
The bother of learning with a five string is worth it in my opinion.
If you can play a five, you can play a four.
+1. If anything it'll improve your technique for when you play a four.