You can wrap by hand just by turning the blank with your hand, or you can invest in a power wrapper. If you're gonna be building a lot of rods the power wrapper is definitely worth the money. Allcoast has a rod building board with a lot of info, you can search the archives and ask questions there. When I was starting out I used a lot of info from this site- http://www.rodrack.net/articles.html They used to have an excellent guide spacing formula on there also, dig around and see if you can find that. It'll make your life a lot easier for your first few rods.
-Brian