This has red flags all over it for me and you have spelled them out nicely. No good can come of this.
As stated above, if you need a small space start out with a storage unit, making sure it has a power
connection inside. All it needs is an overhead light and you can get a screw-in adapter that will let
you run power. $100-$150 per month and you have space with no obligations, and no lease.
If you need more space, you can always take an additional unit. That's how I started out my scrapping,
and I waited until I could afford it before I moved into my commercial space, and I have no partners
in it with me.
Just my 2 cents.
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