I started in Januari 2013 and have done around 90 stacked m³ by now, I've also got 35 stacked m³ (should be around that once split and stacked) ready to be split. Started out with oak and working with blue-beech and beech right now. We use 12-15m³ a year.
We had no wood left after my parents got divorced and no tools either. I started with building scraps first (not counted in with the above amount of m³) and then moved on to real wood. Only tools I use are 2 chainsaws (Stihl 362 and 064), started out with a Fiskars x27 (first 72m³, weekly workout for sure, free gym) and have a homemade log splitter now. Stacking off the ground on a pallet or something like it is best, I tarp it all on top. I prefer this to stacking inside a building because it is easy accessible and dries better, faster than in the wood shop we have (open from 3 sides). I don't know your knowledge about chainsaws and the use of it but you can learn a lot on a short time if needed. Lots of info on the internet, just always be careful.
I agree with Pumpy on the softwood thing, not worth the hassle. Hardwood ain't much more expensive and the work stays the same. You just end up with better wood. The buy in price is also important, because that will be your main expense. So finding a good supplier is crucial, I'm still trying different ones. The thing is, you don't know how much wood you have, how expensive it was, until you have processed it all.
A small tractor would probably help you out big time (my father and I used to have one), but you can do without. I did make a trailer with a small crane on it, trying to use standalone pallets in the future so I don't need to load the wood manually again but can easily move it to the house.
You can save some money by doing this, but it will take some time each year. If you and your brother enjoy working outside, this can be a good hobby that pays for itself and more and more tools. Also nice to spend time with your brother on it. If not, well you'll find out soon enough. Good luck