Hi Arlise and welcome to the board 
If you are new to watch repairing I would not start with a Rolex. get yourself some cheap movements and work on those until you feel more comfortable. The only advice I can give you when starting out is to watch Bobs videos and make a list of the tools he uses. You can then have a hunt around to see what is about and compare prices. If you ever see tools you are unsure about you can always ask on here or even if you need to know what tools to do what jobs are needed. Read as many books as you can too.
Good luck
Paul.
