Low budget ($1000): 2 x sm57 mics Zoom h4n 3 x GoPro hero 7 cheap mic booms edit with Blackmagic Design DaVinci Resolve Mid Budget ($3000) RODEcaster Pro II 2 x podmic 2 x LyxPro stands 2 x GH4 cameras 1 x GoPro hero 7 Same editor High end ($7000+) 2 x Heil PR40 with Heil boom arms 3 x BMPCC 4K cameras 1 x BMD ATEM mini iso extreme 1 x Personus StudioLive AR8c Edit with Adobe suite More on reddit.com

With 20k you could pay a student aid for a year?😎

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Ok heres my thoughts First scrap the blue yeti Get 2 mics and a interface. Now camera wise, You will need 3 cams for 2 people. Center view. One on host. And another on co-host. I saw a suggestion for a camera view switcher, now the problem with that is you need a 3rd person to operate it. So keep man power in mind There are some programs that automatically switch views but I never used one. You also need to assess your recording space, do you need noise reduction. From there, you can decide if you need a dynamic or condenser mic. I use a SM58 as my conditions are Not ideal. Dynamic are better when you have poor conditions in my view but they do not look cool. As for recording programs. You have to decide what you want to use to edit. Down load some free trials. On top of that, you need to figure out lighting. I am Ep 10 into my cast, still figuring and working things out. My best advice is you can’t start out perfect, just start recording Especially you don’t know if your podcast will take off. More on reddit.com

Opinion: Stay away from the Neewer stuff. I find it is cheaply made (boom arms etc) and will not last. u/chasingorange has good suggestions. I would avoid USB mics entirely since you already know you are bringing in another mic. My suggestions for solid beginner stuff.-- all onAmazon Behringer 1800S Mics (3 pack for $48) Any boom arm will work, just make sure it has some heft Cables and pop filters -- figure about $20 per mic. Get longer than you need and I am a fan of spending money on good cables Interface -- The Steinerg is great. Also look at a Focusrite Scarlett about the same $ You will be running USB out of the interface to your computer. You can use Audacity to record (it is free and some people hate it, but it does the trick and is pretty robust with a few drawbacks--but no sense spending $ on software to edit if you are not sure yo are going long term with this) I'd also buy a spare cable or two and have a few extra pop filters or foam filters--they go bad, get lost, etc and are not too expensive, but will save the day in a pinch. More on reddit.com