I built a lower with a cheap set of Harbor Freight punches, a cheap HF hammer, a clevis pin for the front take down, locking jaw pliers, long handled screw driver, armorers wrench, and a white plastic garbage bag. This was done sitting on the floor of my apartment. It sucked. The parts kit was DPMS and if it could be out of spec, it was out of spec. Took me two days to do it, working one hour on the lower, and one hour talking myself out of throwing everything out the window. Take the advice of the people here and make your life simple.
For an easier time building a lower:
If this is your first time, watch this video AT LEAST three times:
Building an AR Lower. The third time, take your receiver and mimic what he is doing.
Use a vice - it helps...a lot!
Sacrifice an old crappy magazine, or get a magazine vice block.
Get a quality set of punches. Grace is nice.
Get a quality set of roll pin starter punches - I would have traded my left testi for a set.
Get a decent small hammer for the punches.
Get a clevis pin for the front take down.
Get a white garbage bag. Anytime you could launch something, build it in the bag. I launched the front take down pin twice, before I got it in there. Recovery was easy.
Wear safety glasses. Springs, etc can launch with some force. You only have the one pair of eyes.
Get a block of wood for tapping the pin into the trigger guard, or use some sort of pliers.
Get a roll of masking or painters tape. The only reason the lower didn't look like it went 10 rounds with Freddy Krueger is because it looked like the damn mummy!
Get a good armorers wrench. It keeps the buttstock from becoming butthurt.
Oil - CPL is lovely
Quality Lower Parts Kit (ie CMMG, Spikes, etc)
I haven't built an upper yet, but that's coming soon. Hope this helped so far...