Acoustics is always an issue. This means keeping the sound from bouncing off every object in the room including the walls and ceiling. One trick for the ceiling is canvas. You can hang canvas from the ceiling which can always be removed later. The addition of these items is good.
Microphone placement is key to achieving the desired effect.
If you are running through an amp and want to record that, you will have to decide what placement is best. Again, all mics are different and some are made to receive sound from the front, side, etc. Usually the best results come after some experimentation. The hardest instrument to record would be the drums. Typically this is going to require more than one mic and possibly several to get the job done.