router 200 bones at least a 1hp model... porter cable is the way to go, owned two craftsman didn't even compare. Get a mix bit set, tool shop brand at menards is a good starter kit. Porter cables model 100 is only 169 online
Palm sander, makita makes some good ones.
Drill press, after reading everyones post on it I am convinced that this is a must. can get a good used one various places, check pawn shops and ebay. 250$ This can be used as a buffer, edge sander, and can help carve a top with the right bit.
Band saw if you can wing it. too many options, even a small bench top one is very useful, 200 bucks, used.
Files, the four pack thay you can get at acehardware.
Clamps, at least two pipe clamps to make body blanks.
sand paper and blocks.
soder gun,
Planes if you plan on making a carved top.
A set of chisels to clean up joints. ace hardware has a good set for cheap.