If you want to build a guitar then do it.....
Don’t start off with grand master plans of starting off by recycling old furniture.... Start off with purchased tonewood. You may easily spend $2,700 on a band saw, drum thickness sander, and dust collector just to reprocess the recycled wood....
The reason is simple - you really haven’t proven to yourself that you enjoy the practice of guitar building in real life..... That’s a lot of money to drop on “maybe”.....
Initially - the power tools I think you ought to have are a laminate trimmer and an electric hand drill. A decent random orbital sander would be a nice addition but not mandatory. A drill press would be good if you already have one. A power planer and jointer are not on my list as anywhere close to needed....
Hand tool wise - a good block plane, a #4 bench plane, a decent rasp like a Nicholson #50, a spoke shave, some chisels, and a decent hand saw.
Then add a quality 3’ steel ruler, an Exacto knife, a soft face hammer, a bunch of clamps, sanding blocks and lots of sand paper....
If you do furniture work - you probably already own most all this stuff....
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