I've been in the market for a work stand for some time now and decided to build my own. I modified the standard pipe clamp work stand so it wll be removable and hang from the ceiling of my deck. This design is simply, cheap, and very easy to store away and allow use of the deck.
Step 1: Go to the Hardware Store
I measured from my ceiling to what I thought was a comfortable height and had a piece of 3/4 pipe cut and threaded. I also purchased a flange mount, an elbow joint, a small section of double threaded pipe and a Pony pipe clamp.
Step 2: Assemble the Pipe
I used some pipe tape on the joints initially and then decided to JB weld the joints so they wouldn't move. Once assembled you must then position and screw your flange into a stud on the ceiling.
Step 3: Try It Out!
So all you do is hold the stand and screw it into the ceiling until tight and positioned where you'd like. My photos show the bike hanging in the stand without the wooden 2x4s attached to clamp. I decided to bore a hole into two wood blocks and use epoxy to secure them to the clamp. Now all I do is wrap some rags around the seat post and clamp it down. Works great and is very easy to stow away.