That really depends on how complex your work is gonna be, how much you are gonna be trying to produce, and whether you're ok using hand tools instead of power tools. I've gotta go now, but I'd say get the book lotass mentioned, and it'll give you a fairly specific idea of the tools you'll need, and the experience you'll need to biuld a good guitar. For the second question, the answer is absolutely, just look at some of the guys' instruments around this forum.
Hope this helps,
Devon