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I agree with telecaster. Don't gate and if possible save compressing for mixdown.
You should be ok processing wise while tracking.
Things you may or may not need:
Headphone distribution amp: Furman 6 channel.
Nice click track for drummer.
Music Stands.
Padded chairs without arms for guitarists while tracking.
Also you may want to do some noise tests in your new space. Set up a condenser out in the studio and run the preamp pretty hot to tape with no one out there. Just see what kind of noise floor you are dealing with and if there are any leak problems. Check different spots of the room with a friend talking into same mic and try to find the sweet spots for vocals (warm vs. thin), drums (boomy vs. dry), and bass traps that might exist where it would be better to put the bass or gtr amps when recording for more or less natural low end. Just popped in my head as something I would do if I were starting in a new place.
Again best of luck and fell free to PM about mic ideas, placement, and anything else you might have questions about. If I don't know I work with people who will.
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