Adam - I've got to say, I have been eying your website, since you are from Ohio as well, and it kind of intrigued me about the equipment rental.

$200 was kind of where I was thinking. Or maybe offering two different size rooms for different budgets...
Art - I guess the insurance is something I am going to have to look into and get some estimates. Seems that could make this unworthy right off the bat.
I have a licensed electrician (2) as good friends who would do it for next to nothing.
Maybe I have my hopes up, but I'm kind of hoping that I dont need 60 bands -- I mean I hope I have repeat clients for more than one month. Again, I'm banking on something I guess I have no control over.
I appreciate the input, it gives me something to think about. What do you have to say about the equipment rental?
Ned - From my research thus far, I believe there are only 2 in Phoenix that I have found. One only rents by the hour. To me, this means one of two things and only one is good...there isnt a market for it, or, I could potentially have the upper hand. This isnt something I am going to jump right into when I get there in June, so I will have to start networking and talking to the actual bands around there to see what I'm working with. The goal of this thread is to compile a game plan for when I decide this will be a profitable business.
Good idea on the videos, and I've thought about the recording. This is something I would like to use the larger "live" room for. Being able to fit some private guests in there would be nice as well, as you said. Thanks for the input, I am chewing on everything!
Trace - Finding out the cost of buildings in Phoenix, and all of the legalities will have to be determined first. I know location is a big factor. Hopefully I will be able to get a better idea of this stuff once I get out there. But I do understand the necessity of good isolation.
Tony & Art - Theres gotta be rules enforced!
E. Lee - I know what you mean. I'm aiming toward more serious bands. If you are content with practicing in a storage unit in Phoenix, go for it! Hahaha. Here in Ohio, I had a 10x10 storage unit when I moved, it had metal walls, no lighting and no electricity....for $75/month. Most of them around here are just like this.
Thanks everyone, keep it coming. Anyone that knows of bands currently renting, if you could pass on some info (price, size and location) it would be of great help!