First things before you start..
1. Do you have a web panel license? (open panels wont work out for live hosting unless your really smart)

Answer: That shouldn't be a problem I think

2. Have you found a good datacenter? (Id advise leaseweb for fast nodes for offshore hosting)

Answer: I am setting up deals with one very good DC. And they also offered me some nice plans. Maybe I'll go with them

3. Are you technical with linux???

Answer: I think so, and plus I got people to help, as I can see in my thread

4. Do you know the specs of a dedi you can afford to buy for hosting?

Answer: Will be thinking about that after I get the blocks of my team together.