any method of removing the paint will be fine. If its not to close to finished surface then use a torch to help ther paint peel/ loosen. A scraper, pair of grips or whatever to remove the major amount of paint then a abrasive to clean the metal surface. Wipe the pipe clean with a damp cloth and solder as normal.
If the pipework is full of water then a wet vac is prob the easiest and cleanest method to remove that last bit of wata. For some reason these job always seem on cream carpet.
use the flux your comfortable with, if you want to try another flux do so on fittings that are easier to replace/ fix on a less important job.