Hey guys I've recently gotten the itch to begin making my own leather working goods. I'm doing a class project and I chose to become aquatinted with the skills necessary to make different products out of leather. I've watched a few videos on youtube and I know a leather working shop in my city that could probably help me out with getting the different tools. The only experience I have was in making very simple leather books in boy scouts and I've stamped a bit of leather. 
I was just wondering if you guys could help me come up with the price range for making things such as wallets or belts. 
Are wallets/belts feasible for a beginning leatherworker?  
If not what do you recommend that I should start making to get into the basics? 
Would it be possible to buy leather products and make quality products without having a shop at my house? 
What are some tools that are necessary/affordable for someone to work at home? 
Thanks guys, 
Kingpugster