Take your time and think this through. There are lots of options. You don't need to decide on the basis of a few questions.
Dont be afraid of 3phase. Most of us only have single phase supply - I'm one of them. And many of us have 3phase equipment - again I'm one of them.
It isn't as hard as it seems on first blush. If you can rebuild an engine, you can deal with the 3ph power issue no sweat. You have a whole forum here who can both attest to that and help you through it.
FWIW, I am now at the point where I actually prefer a 3ph motor over a single phase one. I'm not the only member who feels that way.