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What you need is a channel strip. It will take care of the Preamp/Compressor/and EQ. Some have eq.
The SSL Alpha Channel sounds like the right track...if it sounds good. I've never heard it. But if it says SSL on it, then it's probably not a piece of crap.
You might be able to find a used Avalon 737 for $1500 bucks. Those are great for rap vocals. It would not be a waste of money. I have an Avalon 2044 and it's the only preamp I use. It alot higher quality than my other preamp, a Grace model 101, that doesn't get used. Avalon makes great stuff.
For you, I don't think the converters are necessary. Thats some geeky later on stuff. I couldn't live without mine now, but I did fine without them for 10 years.
Don't ever use effects to record in the computer...If you want to change them later, they will already be recorded. Don't do it.
Few people on here would tell you to use another microphone. I would, because I don't like the SM7 for vocals.
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