Most of the things you will need you already have or are fairly incidental. Razor blades, sandpaper, masking tape, ruler etc. About the only unusual thing you will need is a rattail file to ream cork and reel seats to fit the blank and a file and/or stone to dress the guide feet. After you have made a few rods you will end up with a drying motor to turn the rod, winding jigs (store bought or home built), maybe a Dremel for all kinds of stuff, and all sorts of neat tools jigs and fixtures. You can absolutly build a rod ( and do a quality job of it too)without any of this stuff, but they can make the job easier and lets face it toys can be part of the fun.
AgMD