The Creative Cloud FAQ at http://www.adobe.com/products/creativecloud/faq.html will help with some of your questions.
You are probably fine with an Individual subscription. The advantage of a Team subscription is that an Administrator handles payment and gives out paid Seats. Not so useful if it is just you. Also you get 100GB of file storage instead of 20GB.
You can activate your subscription on two machines, so one can be at home.