Find a local model Engineering Club, and join. You will net like minded folk who will help you.
As a newbie, my advice is to buy one or more books on lathe operation,
Such as Stan Bray, “Basic Lathework” (No 45 in the Workshop Practice Series)
Harold Hall, ” Lathework, A Complete Course” ( (No 34 in the W P S)
Neil Wyatt, David Clark and David Fenner (The Mini Lathe W P S 43) have each written books on the mini lathe
You will certainly need a set of Zeus Charts
One of the techniques to learn, is how to rotate a handwheel, slowly and steadily, to provide a steady feed.
If the lathe has change wheels, these can be arranged for the leadscrew to provide a fine feed for turning, but for facing, you will need to provide the fine feed.
On a mini lathe, a lot of thread cutting can be done using Taps and Dies (Get some lubricant, such as Roco; RTD or Trefolex). The Zeus carts will tell you what size to drill the hole for tapping. When cutting an external thread, put a chamfer on the end of the work to help lead in the Die.
Back off every half turn to break the swarf. An remember that taps don’t bend, they break! And that will mean a scrap job!
A mini lathe with only a 500 W or so motor is not powerful, so don’t expect to be taking deep cuts.
The operator manual for the Sieg C2 and C3 mini lathes, says that 0.010″ ( 0,25 mm) is a roughing cut, although with care this can be exceeded)
The same manual, instructs that the lathe should always be started and shut down with the speed control in the Zero position. The current surge on start up can damage the control board!
Milling is a series of interrupted cuts, and demands rigidity, so if you go down this route, presumably with a vertical slide, do not be ambitious. Do NOT climb mill! Always have the work moving towards the cutter, never in the same direction.
Tooling.
You can use replaceable Carbide tips, but for some jobs High Speed Steel will be needed, so to grind HSS, you will need a bench grinder, and to learn how to grind HSS tools. (Harold Hall has written a book on Tool and Cutter Sharpening – No 38 in W P S)
Clearance angles , generally, do not need to be too precise, probably anywhere between 5 and 10 degrees will suffice. Excessive clearance angle will weaken the cutting edge and shorten tool life.
If you do decide to use carbide, tips, buy some spares, (You will need a replacement at 8 pm on a Saturday night!)
It would be worth, and a useful learning project, to make a Centre Height Gauge.
A tool that is off centre will not cut properly, and will leave a pip when facing the end of a workpiece.
Learn, gain experience and confidence, on bits of mild steel, rather than on expensive material such as castings from kits.
Probably the easiest for a newbie would be to buy a 0 – 6″ (0-150 mm) digital calliper (And spare batteries)
Either a cheapie from ALDI or LIDL, when they come into stock, or for about twice as much, from Arc Euro, or a Moore and Wright from Machine DRO
Later, you will need at least one “clock” Dial test Indicator) and a Magnetic base
A Plunger clock will usually be graduated on 0.001″ intervals, a finger clock in 0.005″, or the metric equivalents
A three jaw chuck will not hold work absolutely concentric, a good one will be withing 0.003″ (0.025 mm)
If you need two or more diameters to be concentric, turn them in succession without disturbing anything.
Otherwise, you will need a four jaw independent chuck, and use the DTI to set the work concentric (or as eccentic as you need- if you need it to be eccentric)
You will make mistakes, but learn from them (Not disastrous ones we hope)
HTH all this will be of help
Howard