Well, you won't have to install the bottom bracket or cranks, but you will have to true up the wheels and probably cut the brake cables. You are probably better off just paying a local bike shop to assemble, adjust and tighten stuff instead of buying a bunch of specialized tools. What you really need to get is a good floor pump with a built-in pressure gauge, and a tire repair kit (spare tube, tire irons, inflator,15mm wrench) to take on rides.