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There are many simple quick patterns for knitting .. crochet and sewing around. Do not use polyester as the baby sweats and acrylic is not much better. Also Don't take too long doing it - babies grow really fast. 

More than outer appearance to look presentable, comfy is an important category. Thats the most exciting and enjoyable part when you are buying for baby's clothes. Yet, you still some things to consider. Skip designers clothes. Economy wise, although it is comfy and all. Babies grow up fast and sleep most all of the time. Better save it for later us

You can use the normal detergents which you use for your clothes unless the baby has some side effects on his skin. 

There are some people who do and some people dont. It is advisable to wash a few things, but not all. Pre washing pre wash because they have chemicals on them from the factory, and who knows who has touched them with dirty hands/lotions/perfumes etc, and if they've been on the dirty floor etc. 

Spending on baby Clothes depends mostly on what your baby needs. For some relatives are kind enough to gift them. For some you have to go shopping. Shopping can be done online or by visiting the shops of your own choice. 

Some people use a dresser, some use a closet. Alternately you can use kids hangers. You cannot hang some baby clothes as they are too small. You can buy plastic shelves and fabric baskets for storing.