Mandatory gear to own Audio interface with two inputs . Two microphones . Two SM 57 s go a long way . Add a large condenser as a third option . Good headphones Some midikeyboard DAW Instruments and ampsNice to have Channel strip preamp , compressor , eq . You can have these as separate modules . Once you know how to use these when tracking it just makes the recording process so much easier . Studio monitors Some type of DIY vocal boothGet these if you can , can be rented when needed An audio interface you can record 8 tracks with for recording drums . If you can use an outboard pre and get the ADAT in that works . Small analog console for getting a monitor mix for recording small bands or ensemblesNot worth owning for hobbyists Dedicated outboard effects A large mic selection A large consoleRent studio time for drums and vocals if you have the budget .