I have about 1500 us dollars to use for now to get it up and started, so really I just want to get the bare minimals than gradually upgrade as I start harvesting and what not.
For soil, I was thinking 70\30 70 being FFOF and 30 LW. with the perlite do I just add that in the soil?
Now for lighting, I was thinking like 1000w mh for flower and 600w hps for veg, any complaints?
EDIT: I have all day everyday to spend in my garden. This is what I want to do, become a caregiver and get some patients.
As you are on a $1500 budget, pick up a convertable Xtrasun Ballast for less than $200, invest in a good hortilux hps bulb and a simple reflector. A little stretch from an hps bulb in veg will be acceptable for a first grow. Should cost you about 350 to 400 for your lighting needs. Pick up some cheap polyfilm and line your room, floor and walls. You want to do the floor just as an added protection against water damage.
Quantum Infinite Breeze is a fantastic fan that not only oscillates side to side but also up and down in a W pattern and can be had for less than 60 bucks. That will allow for all of the air movement that you'll be needing.
You mentioned that you will be growing in a basement so, can you vent outside? or do you think you'll be using some type of portable AC?
You're more than welcome to do the FF soil but you could easily setup an Ebb and Flood 4x4 table and stay in your budget. Just use General Hydroponics FloraMicro and FloraBloom in a 2 part bloom to 1 part Micro setup.
5ml/gallon micro 10 ml/gallon bloom during Veg.
8ml/gallon micro 16 ml/gallon bloom during Veg.
This is known as the Lucas Formula and it works very well from experience.
Also, to stay on budget, you may want to look at an ozone generator as opposed to a charcoal filter Fan combo. I'm using the OZN-1 generator from CAP that I was able to buy locally for $140.
Your shopping list as I see it (prices from Hydrofarm catalog. You can get cheaper):
Xtrasun 1k convertible ballast $209.95
Aluminum Wing Reflector $41.95
Eye Hortilux 1k Super HPS $119.95 (Do Not be cheap on lighting. It's like putting cheap gas in a super car)
CAP OZN1 generator $139.95
Quantum Infinite Breeze Fan ~$60
Polyfilm or Mylar ~$50
2 cheap timers from Walmart ~$15 (Make sure they are 15 amp timers for safety, also make sure they don't have lights on them as they will interrupt the photocycle)
As you're legal, I would assume that you would have access to clones. Clones are way easy to start with and you don't have any seedbank shipping time or hassles and in addition, you've got a jumpstart on a proven phenotype. You should be able to pick up 12 for $120 to $240 depending on quality and root development.
So, start with that and figure out which route you want to go between soil and hydro.
Hope this helps you.
EDIT:
Use the aluminum wing reflector if you have enough geothermal insulation from being in a basement. If your basement can't maintain temps, go with a ducted reflector. Also, try and dedicate one breaker to your ballast use and use a second breaker for all of your fans and such so you don't overload anything.