Hi Monk,
Personally I would not begin with a complex build like a larger locomotive, attractive as the proposition is. You need a lot of knowledge, skill and experience, not to mention patience, persistence and cash to complete a project that can often spread over years.
Why not build up some experience and extend your skills with a more basic project such as a simple stationary oscillator such as the Elmers engines whose plans are available here on the John Tom site. Such projects will increase your skills and will not test your bank balance as a mistake on a bit of bar stock is not as disastrous as an error on an expensive casting. There are even simple 'De Winton' type locomotives which use simple oscillators and can be built in a relatively short time. Examples of the latter can be seen here (scroll down the page to 'Idris' 
and here drawings are all downloadable for free from both sites. Dave Watkins has even built a larger scale version of a De Winton and has videos. You can have great fun with those.
A single cylinder stationary oscillator can be built in a few sessions and is a great motivator when you see it running, you can even run them on compressed air, without a boiler (boiler making is another art where it pays to start small). I have even run them from a garden sprayer!
A benefit of this approach is that you will build up skills, knowledge and confidence leading to a much faster build when you undertake a more complex locomotive and help to keep your interest alive. Loco builders often intersperse smaller projects to freshen up their motivation.
A main line steam loco looks really impressive but are complex machines and can be very difficult to build, and costly – and it is easy to make disastrour errors leading to piles of expensive scrap.
Have fun whatever you decide,
Best regards
Terry