SK, that's what this forum is all about, learning about your toy and how to care for it, ask all the questions you can.
Good advise above, one more I would add is make sure both sides are 'dead' even. Line up the notches by the axle, if you don't it could cause your chain to wear unevenly. Also lube it on a regular basis, I do mine every 300miles or so and have over 21k miles on same chain and sprockets. If you don't, you can trash a chain in under 10k easily.
If you live in the US, trundle up to your local Harborfreight (or go on-line) and you can get a torque wrench for under $20.00. The actual ft/lbs are a bit under a million, at 80ft/lbs. You'll need a few sockets as well, but its money well spent if you are going to keep your bike for a while.
When you have mastered chain adjustment, look at doing your own oil changes, that can save you quite a few bucks and pay for your tools. If you are interested, I have a recommended tool list for the V in particular and bikes in general, PM me. You can get everything you need for under well $100.00.
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