Congratulations on finding your Motobecane, its a good basis for what you are looking to accomplish. Oh, Welcome to the C&V Forum too. Looks like you found a nice example there, the resident Motobecane people will be drooling over her shortly, and offering their input towards your plans and the tips from hard learned experience. Well done sir, very well done finding the bicycle.
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randyjawa 's post above has a great link, his website is a good primer and reference on starting out in restoration and building C&V bicycles, bookmark it for quick references. (As you seem to have found out.)
Dedicated cable cutters work best for me, Park Tool and Pedros both are in my tool chests.
The wall mounted stand might be a hinderance at some points of working on the bicycle, most of us use floor mount, to work bench mounted stands. Getting at both sides easily, and even flipping the bike quickly are big parts of getting tings done. But that is not any kind of deal breaker, IMHO.
Start a build thread (New Post) just for the bike, this makes it easy for others to follow along with you, especially if they are lending advice and have subscribed to your thread. We absolutely love and pretty much demand pictures too, so try to attach as may as you are comfortable doing. This makes it clearer to everyone when describing things on both sides of the team, you and us here.
Tools, you could write books on them, and several have been published, Park Tool, Pedro's Tools, the various big box stores, and the specialists tool suppliers, as well as dedicated makers' tools are just waiting for you. I would personally recommend getting a copy of the Park Tool,
Big Blue Book , and bookmarking their website as well. Not necessarily to purchase tools, but for their notes and help section's pages. Its a nice place to reference and they go back to the C&V components and wheels in their coverage.
The good folks here, our Learned Elders come to mind, will have offerings of advice on tools and how to's, for you project. Use them, its time well spent, and some great people here will be adding to what the above folks have already offered up for your consideration.
Best wishes on your build, enjoy the time spent getting things done. don't get discouraged, and when its time to ride, remember to post about that here with pics of the memories.
Bill