Added local installation setup

[rachittshah]

Added my local build setup as discussed on the slack channel.

Please let me know if I should add/remove any pieces of infomation.

[pep8speaks]

Hello @godslayer201! Thanks for updating this PR. We checked the lines you've touched for PEP 8 issues, and found:

• In the file docs/conf.py:

Line 55:31: W292 no newline at end of file