Welcome to MP3car.
You said "like i said i have no idea what im about to do lol "
Do a bunch of reading, read a bunch more make sure you include the FAQ's and all the newbie info then see if it's a road you want to go down.
You said "but i am a little scared about what i might be getting my self into" no reason to worry, everything can be figured out as you go but only if you are prepared to dig in deep and learn stuff for yourself as you go.
Read some work logs, figure out what you ultimately want to end up with then start reading threads related to your ultimate goals. Then start compiling a hardware list, your OS & front end of choice then post here what you believe you want to use and I assure you people will chime in and critique your plan.
Good luck with it, I'll watch for updates!