a bike stand would be damn helpful. (something I am currently saving up for)
A parks home repair stand is pretty nice.
http://www.parktool.com/products/det...3&item=PCS%2D9

People have made their own from PVC piping found at home depot.
And as for tools, I just buy when I need.

I picked up a really handy tool which is a 15mm pedal wrench on one side and a 14 and 15mm for track nuts on the other end.

Maby get a truing stand as well?

*edit*nvm.