Hey guys, I need some help, actually advises. I still consider myself as a beginner pilot. I can fly high or low wing foamies with successful landings, the thing is I am moving on from foamies to balsa/fiberglass and from electric power to nitro.

I just picked up a Phoenix P51 mustang with OS40 LA on it. It has never been crashed and in good condition. What should Ilook out for on my first flight. Its a 40 size so its not that small. Wingspan is around 56' so there is plenty of lift on the wings.

I adjusted the ailerons,rudder and elevator. CG is good and I havent checked for the wing balance yet. I will do it tonight. Engine is centered, its maybe 2 or 3 degree facing down. so I assume its in good alignment and ready to fly.
On my first flight I wont have a instructor around me or noone to take over and save the plane, so what should I look out for. As soon as I take off I will make sure it flies straight if not, adjust the controls from trims and what else?

When plane is in the air, it will produce more RPM so I was thinking, when I tune it on the ground I should lean it first to reach to top RPM and then richen it just a little bit so once its in the air it wont die from starvation that more RPM will cause.

Is the take off and landing will be at a higher speed than a foam plane? Will it have any glide at all in case of a dead stick?

I just need you guys to fill me in a little bit and give me some encouragement. I dont want to crash this beautiful plane.
I appreciate all the comments and advises.</p>