I got a 4" hobby lathe made in Tiawan from a local tool company & sold under their own brands , Hafco .
It is good enough for most common job I do which is turning up bushes for idler spindles , making spacers and boring out washers ,
Then there is a 10" Hercus, that is used for threadding as it came with a full set of gears for both metric & imperial threads including BA & CEI of which I make a lot.
The landllord has a mill / drill which as previously mentioned was not worth the effort of buying.
It is set up with collets because the chuck was useless and a tail stock die holder
It is really convienant for threadding long rods because it starts the thread dead true to the shaft
He also has a 18" ( swing m 26' dia ) Servco gap bed lathe.
It will be used for grinding motorcycle brake drums because we will be able to mount the entire wheel on the face plate & grind the drums still laced up to the rim.
Apart from that there is a shaper used for repairing splines, particularly on tractor drive shafts
A 1913 Addcock Shippley universal mill which will be used for boring motorcycle cylinders & if I still do mowers , mower blocks.
Down side is it came from a steam workshop & is fitted with a 100 Hp electric motor and while the Hp is good to have we worked out it will cost $ 45 /hr to run.
Power fed on all 3 axies & powered rotating table , should be fun when we get it wired in.
HE also has a small mill up in his workshop that we are really using to develop our machining skills on.