I just finished my pake rum runner. bought the frame, head and fork. transfered the wheelset i bought from a previous bike. had the fork headset installed and fork cut and the bottom bracket installed. i pulled the cranks off my old bike and installed them on my new bike using a crank removal tool and a torque wrench to install on the new frame.

I went to a bike shop for my bb installation for facing and what not and having the headset pressed and fork cut because i dont own the tools for that kind of work nor would i ever because of the price of them vs how many times id do it.....

GOING to your lbs is sometimes necessary. its also good to build a relationship with one too. discounts, help and them teaching you.