Choosing a very well defined sample is essential for studying the AGN phenomenon. Only the most luminous AGNs can be expected to require a coherent feeding mechanism to sustain their activity and since host galaxy properties and AGN activity are essentially uncorrelated, nuclear scales must be resolved in order to shed light on the feeding mechanisms of AGNs. For these reasons we are compiling a sample of the most powerful, local AGNs. In this talk we present our on-going programme to observe a complete volume limited sample of nearby active galaxies selected by their 14–195 keV luminosity, and outline its rationale for studying the mechanisms regulating gas inflow and outflow.