I’m a reasonably competent woodturner having taken it up as a hobby several years ago; do make money from it from time to time and when I can be bothered. Started off with bowls but have moved on to more ‘technical’ hollowforms. I started off with a smaller Axminster trade lathe and within a few years moved on to a much larger Killinger KM1450SE that I was able to get directly from the company in Germany as it was between UK distributors; saved £1K and could never afford one now!
Tools; please, please don’t buy a cheap set containing numerous tools as they’re more a liability than an investment as the tang will be very short as will the handle – any catch and they’ll fail. Start off with a spindle gouge, small bowl gouge, roughing gouge and parting tool. Sorby, Ashley Iles are good names to go for. I’d urge you not to go down the rabbit hole of ‘carbide tip’ tools as they are technically scraping rather than true cutting tools and you will struggle to develop proper technique.
Sharpening is the key and you could make jigs for your grinder to get uniform, regular profiles. CBN Wheels are excellent for sharpening as they remain cool. I’ve got a slow speed grinder with 200mm CBN wheels and have various jigs and rests for getting repeatable angles, etc.
Woodturning has become a bit of a reserve of the middle-aged bearded man with a shed that buys blanks off the internet and scrapes away. I’m middle-aged and bearded but have yet to use a blank ordered online; all my wood is sourced locally and that more often not means access to a chainsaw and filling the boot of the car. Do have a sizeable bandsaw at home.
I’me also very serious about dust extraction too; have three stages – dust and chip extractor in corner, Record Power AC400 above lathe and a 3M Versaflo when sanding.
Plenty of used lathes around but collection may have put a damper on the trading; a friend runs a Facebook group for trading in woodturning tools and equipment and has suspended it during lockdown – rightly so.