Wow, thanks for all the insightful feedback, I will read thru the responses, and re-read thru them again!
Just to clarify, we are in a bit of a special situation, where an angel investor is wanting to invest a large sum of money into our team to build from the ground up. It is a bit ass-backwards, but I've been asked to compile a list of general equipment that we would need within ~$100k.
It really isn't my choice whether to buy or rent, but in response to your 1st bullet point, Jaron, I guess money coming in isn't really an issue as much as maximizing the efficiency of the equipment list that we need to pitch to our investor.