Recommended Screen Printing Books

There are many printers who only have a few hundred square feet to print in, so a basement will probably work just fine. There are some really good books at screenprintbooks.com if you want to learn how to do things the right way. The owner of that site (Bill Hood) also has some great classes to train new screen printers.

Hours of YouTube videos, and ryonet and vastex among others do courses I think.
You can read every book, but nothing like experience, and quickly find out weather you have "it"or not....

Definitely nothing better than hands-on learning. Start with a book then attend seminars/classes for the basics.

Not the only book, but one which gives a very good overview of the entire process, and one which most will recommend for someone new who really has no idea of where to start:
How to Print T-Shirts for Fun and Profit
http://www.t-biznetwork.com/store/products/How-To-Print-T%252dShirts-For-Fun-And-Profit.html

You might find a used copy on eBay. A 10-year old one is about as good as a new one, although the new ones I think include info on direct-to-garment. Also available at the link as an e-book.