Scientist, I got started with blacksmithing as a result of my son building a bucket forge very cheaply on his own. While it worked (kind of), it was very difficult to manage the fire, and it burned through fuel very quickly. (It was enough to get him going and to pull me into the addiction...) I would not recommend using this setup at all. Go with a JABOD concept and modify it to your resources and needs.
I’m now using an old machine controls cabinet laying door up on a stand, filled with cat litter. The forge is outside, so when we’re done, let it cool, clean out the clinkers, close the door and the weather is kept out of it. It’s miles ahead of the bucket forge concept.
See if you can hookup with a blacksmith organization near you. Time with other smiths will make a big difference with the learning curve on everything.
Enjoy!