I didn't mean to have the initial epoxy reduced, thanks forcatching that. I will do three coats as advised. I have already sanded all clear off. Thanks for all the details and I have decided to omit one color.As Rock said above #8 you are spraying unreduced epoxy. Reduced epoxy is when you seal it. Refer to (my) post 102 for what I consider the simplest way to get it ready for paint.
First thing you have to do is get all the peeling clearcoat off. Sand with 180 using a DA is the most efficient way. I guess you could hand sand but it will take forever. Once you have the existing finish free of all peeling clear (and it needs to be all gone not just most of it or you will have a failure in that spot) then blow off, mask, wipe down, then shoot 2-4 coats of epoxy. Personally I would do 3 or 4. Two is the absolute minimum and I think you will need more than that to avoid any sand throughs and to only have to prime once.
Once applied the epoxy must remain at 65-70 degrees for at least 24 hours. After 24 hours you can sand it. Use the DA and the interface pad and 320 grit or finer. With epoxy I don't see the need for guidecoat as it has a built in guidecoat of sorts. If it makes you more comfortable then use it.
After you sand it all blow off again, wash it with Dawn (optional but a good idea) dry, do your initial masking, then wipe down with W&G remover
and seal it with epoxy reduced 25%. Give it a min of 2 hours before you proceed to base. Once you are ready to base this is where it will get tricky doing four different colors. Spray your first color and then give it time to dry before attempting to mask for your second color and so on. You need to give it absolute min of 1 hour after applying your color before masking off for the next. Get the mask on and off as quickly as possible as tape will mar base if left on too long. And too long is really a very short time. Never mask fresh base and leave it on for more than a few hours..
Plan on the four colors taking a complete day or longer to do when you factor the masking and the wait time between each color. Don't get in a rush, give it time to dry before masking off for the next color. Wear nitrile/latex gloves while doing this to help keep your bare hands off the work. Get the masking on and off as quickly as you can. Literally.
When doing the colors I plan to do black first since it is on the endcap top and my plan was to overlap the areas where other colors will go. Let it dry then mask and paint next highest color - maroon and finally mask and paint lowest color - gold. Don't I need toapply CC same day?