Hi Scott
It would help to know which engine it is and what parts / accesories you already have and what type of boat the engine is going in.
I should also warn you that nitro engines are not for the faint hearted nor are they a beginners engine, not only from the set up and running point of view but also because of the speed and lack of manouverability that are inherent in such engined models.
Sorry to put a downer onto a newcommer but I would hate for you to smash you model up on its first outing,
I would strongly advise that you join a club where experienced members will give you all the help and advice that you need
Meanwhile if you list the bits we will be able to help you more.
All the best
Paul