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New member needs help building new studio

Hello all I am a guitar player, lead mostly and am looking to venture into the recording side of music production. I am willing to buy a few pieces of "good" equiptment and have to piece the rest together in time rather than get everyting needed right away and regret not having what I really wanted.I want to build a home studio that I can record my bands and offer recording to local bands.

New studio setup opinion

Hey everyone,

I'm moving my studio into a new house, this great place in van nuys, Ca w/ arched ceiling..and a walk in closet I'm going to convert into a vocal booth.

I'm a hip hop producer. but not exclusively.
I'm mixin some new flava together..

(a) I have an opportunity to buy a Mackie 32-8 mixer for DIRT Cheap, 900 bucks perfect condition, just serviced.