5_spot,

You've gotten some good advice so far..

One thing to remember while the startup can seem costly the majority of the equipment will be used for years with a varity of models

My starter was purchased in 1985 and I'm still using it
Some of my engines are even older

Also remember that most of us aquired our gear over time.

The bare essential equipment neccesary to fly your plane is less then 50.00
1. Fuel
2. Fuel Pump
3. Chicken stick
4. 1.5 volt battery
5. Glow clip
6. Assorted tools (srcewdrives allen wrenchs pliers, open end wrenchs) you probably already have these items