appx 33 yrs of building models, 25 years of using Monokote, and I've NEVER used a heat gun or "Monokote Iron". I've always used a CHEAP travel iron. (Garage sale $1)

You won't need the Dremel much for a LONG time. Its handy for some fine detail work, but really isn't necessary at all.

You will make use of a razor saw when you are building kits. You won't use it for assembling ARF's

The X-Acto (or Excel or a couple of other brands...) knives are handy.... virtually neccessary.

You'll find you only use 3 or 4 bits out of a common 12 bit set. A battery operated drill is much handier than a heavoier drill. (I use a lot of Black and Decker "Versa-Pac" tools)

Avoid loading up on "stuff"... you'll find out what you need from the kit instructions.

Even the flight box and most of the field equip can be delayed until after you solo... get the kit, engine, radio, then 1 gal fuel and a hand crank fuel pump (and about 6 ft of fuel tube) Don't get the glow ignitor... it just tempts you to start the engine without the help of someone who can show you ho to safely operate it.