Congrats on a great first 1911. That's a great price.
#1 - No Punisher grips. That is forbidden here.

Hello Kitty is a better choice.
#2 - Get a couple of reloading guides. Lyman is a good start. Do a LOT of reading first. I would focus on loading target ammo starting out.
#3 - Clean, load, shoot, clean, load, shoot...keep repeating.