Well being someone who is/was just in your shoes I'll explain how things went for me and maybe you can avoid the same mistakes. On round 1 I went budget all the way. I picked up an mbox mini which was 2 channel, 1 phantom power. It worked fine (although it was cheap, I knew it was cheap and was willing to accept that it was not a pro piece of gear, I didn't expect pro results. Next I decided I wanted to record guitar in stereo so I needed more inputs and phantom power. I gave my mini to a friend and purchased an Mbox
mobile pre. This gave me the ability to record in stereo. Again I knew it was budget gear and was willing to accept that.
For my first mic I got
an AT2035. It was a huge improvement over using the mic in my gaming headset and again I was happy. Decided to pick up an
SM57 for a different sound and was VERY HAPPY with this purchase. I got it used for $50. Started recording some friends for practice and quickly decided I needed more inputs. I purchased
an Allen & Heath ZED 10fx. This has 8 inputs with 4 preamps (phantom power). This was a fantastic purchase. It was clean sounding and in my opinion was able to give me the sound I was looking for. No noise on the line from the preamps or whatever caused it. I LOVE the sound of that mixer. My problem now was with recording, the mixer only outputs 2 channels, Left & Right so even if I hook up 8 instruments or mics I only end up with 2 tracks in my DAW.
Decided I needed to up the mic now since I had the great mixer and got
an AKG C214. Great purchase I love the way it sounds. After that I waned to record more inputs as individual tracks and went out and got
the Presonus Studiolive 16.0.4. Now I can do 16 channels in and out through the mixer and have onboard effects that are decent. Again very clean sound and happy.
I said all of that to point out that I could have saved myself A LOT of money if I had just been honest with myself about what I wanted out of my gear. Before you spend another penny decide what you want that gear to do, and what you expect. Are you wanting amazing quality and enough mics to mic a whole drum kit and still have inputs for your guitars and singers. Are you happy doing more demo quality stuff?
If you come back and say you want something with 12 inputs, has to record 12 tracks into your daw instead of 2, and anything else you can get some great answers and spend you money more wisely than I did.