Planning and zoning will be the biggest issue, depending on your county. Many areas you end up doing the full sewer, fire, insulation, etc and the temp corner of the shed for a home is going to cost mucho bucks, so that you won't be able to afford something new down the road.....
Myself I'd be careful about fumes and such, a lot of that oil, fuel, grinding, welding makes for some interesting fumes floating around the building, not sure I'd want to live in that with the family all the time.
Third issue is insurance, you are putting all your eggs in one basket, fire (more likely in a shop area) is risking everything you own, shop, equipment, home, furnishing, family, all in one roof. That's harder to insure and might be something to think on.
Lots do it and do it well just think it all through.
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Today's Featured Article - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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