Follow Bad Ones advice.
A re-furb is a good way to start.
Myself I started with garden canes pushed into one another and safety pins for the rings, amazing ingenuity considering I was six at the time (according to my mother).
You will need a half decent turning rack, I have a hardwood windowsill board scavenged from a demolition site over thirty years ago.
Rod rollers are best made from 3" plastic trolley wheels available from hardware shops (the larger the wheel diameter the less energy it takes to turn the rod)
The rollers are fixed to brackets, I used two sheet steel bookends, and drilled three holes thro the bases to screw the roller supports to the board, this allows adjustments as required.
A wide board also make a good drip catcher.
Drying motor from the aforementioned defunct microwave oven.
Make a bulk order to Mud Hole for your CP thread, it will work out cheaper in the long run (unless your over the pond anytime soon) AA is the finest, ideal for fly and match rod tips, D for big game wraps.
You will also need some Rod Bond for glueing handles to the blanks (nothing else comes close).
For softening Hyperlon handles I use a fish steamer, tho a scaffold pipe welded closed at one end works for some people.
Use hot melt glue for all tip rings, never, ever, use Araldite.
A smidgin of hotmelt is also good for holding a ring in place before whipping
Lastly collect all and every broken rod, net handle or rod rest you find, there will always be something of use even if its just the hook ring or threaded cap.
PM me if you get stuck.