I re-kindled my reptile obsession as soon as I moved out of campus housing, it went on hold when I was in high school. 2 years and 7 ball pythons later I've got a small breeding project going. Here's what you need, at the minimum to get started:

-at least a 1.1 pair, duh
-friends to trade info and resources with
-a bunch of expensive stuff like racks and thermostats to simplify your life and maximize the well being of your animals
-regular access to cheap feeders
-lots of patience

Thats pretty much it.