First off Welcome to the forum! Everything I have learned has been through ARFCOM. I could never have been as successful as I have been without the help, guidance, tips, good natured ribbing, etc. from the ARFCOM Members! Thanks to everyone for sharing your knowledge!
Milling an 80% is not usually the best way to stay within a "budget" That being said it is very rewarding to finish a lower. If you are a tinkerer and have basic mechanical knowledge it can be done with a high level of success. What 80% lower have you purchased? Have you also bought the jig that's recommender for the lower? What milling machine do you have? Is the lower a forged aluminum or is it one of the polymer types? Polymer is NOT the best lower material, but it is another option. You won’t get a lot of love here if you are milling a polymer lower. That being said polymer lowers do have a place in the hobby. I for one have never used one, but my father-in-law and my brother-in-law both have built rifles with polymer lowers. In my opinion (which doesn't amount to much) I would only use polymer for a .22 based rifle. I use Tactical Machining forged lowers as well as their jig. I have completed 6 rifles with their lowers (1 raw aluminum and 5 pre-anodized). Their jig is very easy to use with the right setup. Safety while milling lowers is paramount. It is highly NOT recommended to use a normal drill press with an end mill. The chuck can and will usually come loose and destroy the lower and tear up any soft pink skin that's anywhere near the lower. Also if you have to move the jig around by hand on the table while milling you are asking to lose a finger or worse!! Older drill presses have a draw rod (may not be the most accurate terminology) that holds the spindle/chuck in. My combo machine uses this type. Remember Drill Presses are not designed for the "side loading force" that “Will” happen when you are using an end mill.
I use a JET Milling/Drill press combo machine that I have in my shop at work. I am a Power Plant mechanic, so I am skilled in using drill presses, end milling, precision measuring tools, etc. My machine has an X/Y table and a very sturdy milling vise. Remember there are quite a few things you will need besides just the lower. You will need good tooling (end mills (3/8' & 5/16"), (5/32") drill bit (trigger/hammer pins), 3/8" drill bit (safety selector), calipers, etc. Most "cheaper" jigs come with tooling. Be very careful of cheap bits and end mills (China) An easy way to check the tooling is to roll the bits and mills on a piece of glass to check the trueness of the tooling. I use 2-Flute Centering Carbide end mills. I drill my hammer and trigger (5/32") pins and safety selector (3/8") pin holes first. I have found that it prevents walking. There are various opinions on this, but this is what works for me. The jig I use has drill bushings on one side so you index the holes exactly where they need to be. Drilling the pins slowly with "step drilling" is very importance. Speed of your machine is also very important. I use 2500 RPM’s setting for my milling of the "fire control group and shelf" area. I use approx. 800 RPM for the safety selector (3/8") hole and trigger/hammer pins (5/32") holes. My friend is a machinist and he told me to use Kerosene for the cutting fluid. I can’t use it at work but he says with aluminum you can’t beat it! I use Kroil for my milling/cutting fluid (tons of cans at work). Also if you ARE using a polymer lower, too fast a speed will burn/melt the polymer so plan to slow the speeds down.
I realize this is ALOT of info, but I'm at work on graveyard shift alone so I may be rambling! I'm sure I missed some things. I would be more than happy to assist you with any other questions you may have. Also I can shoot you some pics if you want me to. I am NOT an 80% Builder Guru, but if I can help just let me know! Also I am willing to be publically flogged if my advice is not sound. I learn stuff every day on these boards.
Just be very careful!!! Measure everything before you start, take your time and Have Fun. If you are like the rest of us that have “Black Rifle Disease” (BRD), there is no cure!
Tony
PassoGunner24