Who has a Milling Machine and Lathe at home?

Morning guys. So I am wanting to get a Mill and a Lathe. To the point what do you have that suits your needs at home? I am basically a Virgin with these machines though I have been around them a bunch and my dad is a well salted Machinist now retired. I have several reasons for wanting one and it will be used for my job and at this point I see purchasing one no different than someone who buys a big toolbox.....

I have plenty of space, good concrete, and single phase power but 3 phase would not be an obstacle honestly. I have formed many opinions and would like to see what you guys respond with. Tolerances within .001 is fine and efficiency is not necessarily a must.

Thanks in advance,
JW