Pick one target rifle or hunting rifle , using one gun for both is going to lead to compromises that make it not as effective for either .

Stocks are a personal thing , get behind as many as you can ahead of time because the stock will end up being one of the most expensive parts and resale value isn't the greatest on some of them .

Building a precision rifle has never been about instant gratification even before the insanity , most barrel makers are 8-12 months out and my last McMillan stock took 6 .

Figure out what you want and then get ready to wait . Look at the reference material on the website listed in the Sporting Rifle Match thread for more info .