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[Build Help] Few questions and insights about my first build

Hi all,
After weeks of hanging around I think I finally made up my mind and decided on a configuration. I have some few questions left. Here is the part list;
PCPartPicker part list / Price breakdown by merchant
Type Item Price
CPU Intel Core i5-4690K 3.5GHz Quad-Core Processor $200.00
Motherboard ASRock Z97 PRO4 ATX LGA1150 Motherboard $80.00
Memory Crucial Ballistix Sport 8GB (1 x 8GB) DDR3-1600 Memory $45.00
Storage Sandisk SSD PLUS 240GB 2.5" Solid State Drive $85.00
Video Card MSI Radeon R9 270 2GB TWIN FROZR Video Card $120.00
Case Fractal Design Define R5 w/Window (White) ATX Mid Tower Case $0.00
Power Supply EVGA SuperNOVA G2 650W 80+ Gold Certified Fully-Modular ATX Power Supply $140.00
Prices include shipping, taxes, rebates, and discounts
Total $670.00
Generated by PCPartPicker 2015-09-28 16:01 EDT-0400
I will use it for gaming and twitch streaming (mostly mobas and indie games, medium-high setting AAAs). Photoshop / video editing / music production stuff at hobby level. Few engineering programs like Solidworks, Matlab and light coding. Also I really want to run rainmeter full time.
Since this will be my first build I didnt want to go all-in. After I learn and experience the basics of building a PC, I really want to go crazy though and spent a few grands on latest tech and custom-loops. So I set a budget around $800 exluding peripherals, but I want to save as much as I can so I can spent the extra money on better screen, musical equipment etc. Also I am from Turkey and will order most parts from Amazon, so int. shipping prices will effect the budget too.
Thanks in advance
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BBT Episode 4: Gigabyte Showdown! 4x R9 280x, 2x R9 270 & R7 260x Mining Rig

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