I've spent the past couple years building out my ideal home studio. While the physical space is something that I've still yet to perfect, the contents of the space are what truly matter, as they are what make the sounds you capture come to life in a way that meets the acceptable quality levels and industry standards of today. While this isn't everything you need, it's the equipment I find is the most essential to anyone with goals to build their own home studio.
Gear featured/recommended in this video
Adam Audio A8X monitor speakers
Adam Audio T5 monitor speakers (entry level)
Auralex acoustic foam kit
Auralex bass traps
Universal Audio Apollo Twin interface
Universal Audio Arrow interface (entry level)
Focusrite Scarlett interface (entry level)
Shure SM57 mic
Earthworks SR25 mic
Logic Pro X
M-Audio 49es midi keyboard
Buying a guitar online is fun!