First off thank you /r/buildapc. You all helped me a lot and here is the end result. This build is aimed towards high reaction games IE CS:GO, DOTA2 and some casual Overwatch. I can run AAA games at 60FPS but not at 144FPS on a 1440p. I'll break down each part with my thoughts on each.
CPU: Went with the i5-6500 because i3 wouldnt be as future proof and the i7 is overkill. In addition, I didn't go with 6500k since I don't have plans to overclock in the near future; although my build fully allows for it if I change my mind! :D
CPU Cooler: No overclocking, no liquid cooling needed. Just chose the Cryorig since it had some stellar reviews.
Motherboard: This is where I had the most trouble as a first time builder. So many different types of intel chipsets and brands to choose from. The thing that I kind of messed up on is the RAM Memory being limited to 2133 hz while my RAM is at 2400 hz. So be wary of that...
Memory: I was originally going to go with 1 8GB stick of ram but decided the cost wasn't much to just go 2 and use the dual band memory. 16GB isn't really necessary for what I am trying to accomplish though.
Storage: SSD is a must. I do wish I went bigger but I can always change that easily. 1 TB has been more than I could have imagined...my previous machine was on 500GB HDD and I was barely breaking 60% capacity so I'm not afraid of storage issues here.
Case: This one was a tough choice. Literally so many ITX cases to choose from. I'll admit I did not do as much research here on a variety of cases as much as I should have. However, I don't regret the purchase at all. The EVOLV has been stellar. I have plenty of room to grow as its a bit bigger than normal ITX cases and I had no issues whatsoever with cable management. Best part is that the side panels fit on just fine with all my cables neatly managed. No squashing. I also have replaced the default 200mm fan at the front with 2 140mm fans. I'll expand a bit more on this later when I talk about fans.
OS: Luckily I received a copy of Windows 8.1 from a friend and upgraded for free to 10 :) Thanks again!
Monitor: I already knew I had my basic criteria for a monitor. It must have the following: - 1440p - 144hz - IPS - G-Sync So just searching by those alone narrowed down my choices immensely. I ended up pulling the trigger on the Predator because it was on a nice sale for 666$. A deal with the devil. Hehe. I traded hours of my life to stare at this beautiful screen. I was fortunate to have no backlight bleeding or any dead pixels.
PSU: 650W is plenty for me and allows me to use it for future builds. Went with G2 because it is made by Superflow. Whereas, the G1 is believe is made my Seasonic. G2 runs quieter, better quality, and 10 year warranty vs 5 years.
GPU: Gigabyte GTX1070 G1, what more needs to be said. Best bang for your buck. I ditched the hype of the FE and went with Gigabyte as it had some really great cooling and specs. My next choice would have been EVGA's 1070 but alas their stock couldn't keep up with the demand so I ended up getting the Gigabyte pre-order fulfilled first. There was a little bit of buzzing noise initially and I was concerned about it. I read that many people were experiencing this but the solution was to let the fans run at 100% for a little to let the bearings settle. I did this and I no longer have the buzzing noise. Overall I am very happy with the 1070. I get 100-120 FPS on Overwatch on Ultra 1440p. And 130+ FPS on DOTA2 on Ultra 1440p.
Fans: So my case only came with 1 x 200mm fan at the front. I ended up ditching the 200mm and replacing it with 2 x 140mm fans at the front to increase positive pressure. Put 1 x 140mm fan at the rear for exhaust. My PSU fan is pointed upwards as the PSU is bottom mounted and there is also a filter there. GPU fans are facing down, not ideal but I have the 2 x 140mm fans for a reason. Overall these fans are pretty quiet and at full load are still nice and quiet. I did have an issue connecting all the fans because my Motherboard only has 2 fan headers IE CPU FAN and SYS FAN and my SYS FAN header was a 3 pin disguised as a 4 pin with a dummy pin. I didn't want these fans running at full speed all the time. This was resolved with the Phanteks Fan HUB.
PWN Fan hub: So one thing to note is that the Phanteks hub is NOT a controller as it states. It does however regulate fan speed by connecting to the CPU header and adjusts fan speed according to CPU temperature. I can connect up to 11 fans which is insane. I definitely recommend this product. It mounted nicely on my phanteks case as well.
Lighting: Last thing was lighting. After my build was complete...I noticed it was quite dim. And my first build felt kind of boring to look at since I couldnt see anything other than the glowing GIGABYTE from the 1070. I fixed this by added the Hue+. It did come with 1 dead LED strip but it is being RMA'd. The rest are fine. The HUE+ is pretty great, so many features and different ways to display your PC. The only downside is that it relies on CAM. Other than that...a great piece. Best part is that the LED strips are magnetic. No need to stick them! :D
Overall I am very happy with that I accomplished and building a PC is now something I can proudly say I do! Mark that off the bucket list. Any first time builders hesitant or scared...don't be! There are so many helpful resources out there. They say its easier than LEGO but I disagree. The entire experience I was scared to pass a static charge to some component of break a pin on the Motherboard or put too much thermal paste. Lots of nervousness. Worth it though.