I am not a pro smith,I just Do It Myself,or DIM for short!A man I knew who had a lightweight rifle business worked with a lot of 700's.As I recall,at that time,Rem was loc titing the barrels in.to facilitate removing the bbl from the receiver,he would run a parting tool into the bbl he was taking off,just ahead of the receiver ring,down to the bbl thread major dia.(oem may not be oem anymore)
These take-off bbls were dirt cheap ,we rethreaded some ,for cheap utility rifles when there was enough steel.IMO,generally the production barrels are worth just about the typical $30 gunshow price.I prefer to put my time, trouble, and colateral expenses into something more desirable.
I personally have no experience with the Adams and Bennet short chambered pre threaded barrels available at Midway
(Brownells offers a similar bbl,plus Shilen).The A+B's are quite reasonable and well spoken of on this forum.FWIW,I know of a gentleman who made an oops reassemling a Rem bolt without proper tools.He ended up in the ER with a firing pin buried in his abdomen.
However,everybody has to start somewhere.I won't rain on your parade.Go for it.Do get some reference material,do try to find a mentor or guide,and have your worked checked by a pro before it goes bang.
One more BTW,what seems like common sense to a toolmaker may be something you never thought of.Example,if one little chip lays across one cutting edge of your reamer,it will cut grooves in your chamber.If you turn a reamer counterclockwise,you will ruin it and leave tiny bits of very hard reamer steel stuck in the chamber to ruin the next reamer.
Its not that it takes a genius to do it,there are just so many little things that can mess up.You will likely find some of them.
For your next challenge,try a 1911 made from "drop in"parts
Education is good.