Teak is an excellent choice, the “crème de la crème”, for fine outdoor furniture. Teak is highly weather-resistant by nature, which means that it does not have to be weatherproofed when used outdoors – although it often is finished and stained for aesthetic purposes. Teak is one of the most expensive exotic hardwoods there are, but it will look absolutely beautiful and maintain its integrity over time.
One of the challenges we all face is how to move machines into a home without damaging the home, the machinery, or yourself. I actually had to bring things through the front door, and across hardwood floors, and turn 90° to descend the stairs into the shop. To protect the floors, I laid down sheets of 1/2" MDF that I could use later. On the wooden stairs, I used three strips of softwood strapping, held with wood screws to the stairs. I mounted a 2x4 baton to the wall studs at the top of the stairs, with a 5/16-inch eye-bolt through it.
Second, it is easier to learn to use hand tools on a solid bench than on a Workmate or some other modern clamping sawhorse. The bench doesn't have to be expensive or large. A 20" by 5' top will get you started. Look at Chris Schwarz's second book on Workbenches "The Workbench Design Book" for ideas. If you are a good scrounger you can recycle framing lumber from building teardowns to build a good bench for next to nothing. A vise screw to make a leg vise is less than $60.
Softwoods are often softer and more delicate woods in general, as the name would suggest, but aren’t necessarily always weaker than hardwoods. Although, they are generally less dense and not as durable as Hardwoods, which grow at a much slower rate than softwoods creating a denser and stronger grain in the wood. Softwoods come from coniferous (or gymnosperm) trees such as Cedar, Hemlock and Pine and lean towards a yellow to reddish tone by nature. Hardwoods come from angiosperm (seed producing) trees such as Oak, Cherry, Maple and Walnut and are generally darker toned woods. Softwoods tend to be less expensive than hardwoods, as they grow much more quickly and can be milled at a faster rate. While hardwoods are generally more expensive, the durability, strength and overall look is often worth the additional cost depending on your project needs.
My shop ended up being 23 x 19 feet, for a total of 437 square feet. I put my wood rack in the basement, but outside the walled in shop area. To keep the dust in the shop, a three part strategy was employed. I have a dust collection system, an air filtration system and a shop vacuum for cleaning dust out of machinery. I put up new walls, installed new electrical service, lighting, and two access doors for ease of materials movement. The shop includes two windows so that I can enjoy natural light, and not feel like I am squirreled away in the basement.