I have been lurking on this site for a few months trying to get some understanding of what‘s involved in machining. Machining is a hobby that I am taking up in my retirement with absolutely no experience and am now awaiting the delivery of a new to me Harrison M300 lathe with a 3hp three phase motor. It is a gear head with an ample range of speeds for anything I am likely to try. Having said all that I need to know what will be the best way to convert the single phase 240v in my shop to three phase for the lathe when it gets here. Or should I swap the motor out for a single phase? What’s the simplest and cheapest way to get it up and running? Don’t think I’ll need any other options like variable speed. Some advise from some of you guys with experience would be much appreciated.