We could preach about how important it is to learn performance skills all day long and most people who are just starting in voiceovers will only be interested in buying recording gear. Setting up a home studio is extremely important but think about it; if you don't put the same kind of investment into coaching and learning the skills, what good will your gear do you?
I saw a talent posting several pics of his new home studio setup on Facebook and then showed another pic of it months later, complaining he wasn't booking any work. I had a friendly chat with him and he said he's never picked up a commercial or narration script in his life. I told him he needed to stop focusing on gear, learn the required performance skills, and get a couple of demos professionally produced.