Andy, I think the first questions I asked myself were things like:
- what exactly can I make with machine tools? (examples)
- is it better to buy a lathe or mill first? Or, do I really need both?
- what are the limitations of a lathe? a mill?
- what type of investment dollars are typical?
- where to buy?
- what is the most common brand choices? ie. Sherline, Taig, Chinese, etc, etc, etc.
- advantages/disadvantages of each of those brands/choices?
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I'll think of a few more...