One: You don't have to have a light for Fundies. People told me that and they were right. I didn't use mine, even though I had it, because I didn't want to add more task-loading to what was already challenging. It may have been the right decision, but there were some downsides. The long hose is definitely easier to manage with a light -- I stuffed mine in my waistband, and it kept coming out. In addition, the light gives you the ability to communicate with your buddies EVEN IF THEY AREN'T LOOKING AT YOU AND AREN'T WHERE YOU CAN TOUCH THEM, and in Fundies, that can be really, really important. My light would have helped me a lot on the second day in that way.
In fact, a light is so useful for diving in our area that I had bought one long before I even thought about taking Fundies, just because Bob had shown me how he used his.
Owning tanks cuts the costs of diving roughly in half after a while, but renting tanks isn't difficult or prohibitively expensive, and I did it for quite a while. What's important for Fundies is a balanced rig, so you have to have used a type of tank enough to have fine-tuned how much weight you need and where to put it so that you can hover in horizontal trim without having to fin or otherwise move to keep stable. Out of trim makes buoyancy hard and sets you up for big problems with skills -- BTDT (my weight belt slipped on Sunday and I just could not keep my feet from dropping).
So I think my personal advice would be to get a light, dive with it enough to be comfortable using it, and use it in the class. Get the tanks later. YMMV