You have a very decent choice as far as the turbo is concerned. However, the rear mount placement with this turbo may lead to a bit more lag then you would like. That is, without knowing the a/r on the hotside. Assuming it came off a 5.9 cummins? Year?
I would also recommend running a cooler for the oil as well since you will not be plumbing it back to the engine. At the very minimum, attach a heat sink to the tank and have it exposed to some type of air flow.
Tuning can be done a few different ways. The top and best choice is obviously installing larger injectors, aftermarket fuel pressure regulator, larger fuel pump(190-255lph),larger maf, and finally tweecer. This is also the more expensive and more difficult way if you have never used this software. Be that as it may, there are many people on the board that know exactly what they are doing, and would most likely send you a good starting point.
Another cheaper, less sophisticated way would be to install a 190lph fuel pump with a
rising rate fpr. Using the stock injectors you would be pushing the limits but it can and has worked. Keep in mind this leaves you very minimal room for errors.
Charge air cooling, shouldn't be too big of a problem. That turbo is fairly efficient and the length of charge people should keep things fairly cool. But, it would still be a wise choice to install some type of charge air cooling, again just for an increased buffer zone.
An upgraded clutch is going to be a must. Your choice on that one, as you're the only one that will ultimately know the final output numbers.
I would also consider upgrading other systems of the car before you start the process of adding power. At a bare minimum, make the car a stable platform to build on. In other words, if your suspension is alittle worn it would be a wise choice to install a nice new set of struts and springs and some bushings here and there. Same with the braking system. Would really suck to slam into something because of the lack of adequate brakes. The stock brakes are very under powered for the cars size.
This is just the just of it. If you do a search you can find loads of information on the subject, other members installs, and good technical specs.
Hope this sheds some light on your new money pit, aka sho adventure.