Since it appears from your other thread, that you are just starting out in bicycle repair, skip the repair stand for now.
About the only thing that's useful for a BEGINNING mechanic that it'll do is making it easier to "tune" derailleurs. It saves some of the "tweek & ride", repeat until you got it right scenario.
Most everything else can be done with the bike upside down or hanging by a couple of ropes from the rafters.
Put your money into basic hand tools to service-
Bearings- Wheels, then BB, then headset.
GOOD cone wrenches, Cheap metric combination wrench set (4-17mm) and GOOD Allen wrench set. (?- 8/10mm)
Tub of grease.
Bags of 3/16 & 1/4" Grade 25 bearing balls.