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I'll chime in a little. On the jack stands I'd go with Harbor Freight.
On the body tools you could start with a set from HF, $16 - $25. They've also got a few body spoons as well. For a mid-range set NAPA has a nice set. I think I gave $100 or so for mine. Start with either of these, then add hammers, dollies & spoons from Martin Tools. Martin body tools are about the best you can buy.
You'll need a good long board sander if you're going to do bodywork. And a 5" for roughing down bondo.
Pick up a good 4-1/2 grinder. Good for grinding the heads off bolts that won't come loose any other way.
Proto make some good torque wrenches.
Don
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