Sounds like you have more experience than me.. Ha.. I am looking to buy my very first lathe..
This is the way I have it figured when you consider it from a price point standpoint.
Make a basic list of what you think you are going to buy,, with or at the same time you are going to buy your lathe..
Add that to the price of the new lathe delivered.. Then, consider your Logan 10x24 option.. I'll bet the Logan wins..
Shop Space an Issue.. Move something, make a larger bench/table vs buying a smaller lathe.. I don't think anyone would say don't buy all you can buy size wise.
Basic Cost.. You have to have extra for tooling, etc when you order your lathe.. That adds up quickly..
I was looking at a HF 7x12 for $480 shipped and about $200 + on add ons.. Tool Post, A set of cutters and a set of blanks, Chuck, etc.
I figured about 50% of the price of the average lathe for after purchase tooling to get started.
I started looking at used.. Waiting to try to close a deal on a 7x14 (Larger than 7x12) older machine but well kept Micro-Mark with 4 chucks 3" and 4" of 3 and 4 jaws, 2 face plates 4 and 6", collet set and collet tool, Steady Rest, QCTP and 6 holders, for about the same price I was going to pay for cleaning Red Grease, spending a couple days tweaking, etc..
I didn't know enough to tear down and put one back together and feel confident I would not run into some type of problem that kept me from using the machine..
I joined here in 2014, to learn enough to buy.. I attempted again in 2016 and spent a little time and still did not buy.
This time, I am buying used, going to start using it as soon as I get it and if I want to upgrade down the road,, at least I know what I am doing by then..
That is the other issue.. Spend the least on the machine you think you might want and take pictures and videos of what you make, etc..
When you get ready to sell, start posting on your Social media all of the things you built,etc,, and start saying,, this is great,, I need to upgrade,, Anyone want to buy this machine?
Then, I spent all this time getting this machine setup and tweaked. Save you lots of time and money.. Here is a basic set of tools..
Mine works fine.. Might as well save yourself some headaches and buy this for the same money you would spend new, and go right to work.. Ha..
I promise,, if I had a friend say that to me right now, I would buy it in a minute.. Especially if he spent an hour showing me how to tell it was a good machine, an in specs, and build something cool to send me home with..
That coming from one who got really frustrated "Waiting" to buy a machine I have had the money to buy for a long time..
And, paid to have some stuff built I could have done myself last year, but, got in a hurry and needed it..
Could have bought a lot of tooling for what I got charged..
Good luck BTW..
MarkT