Google "Model Engineering Clubs" in your vicinity
Hopefully, you'll find some. Go and join!
In my book you have a good machine which should keep you happy for many years.
You will find a set of Zeus Charts very useful.
You will need equipment to measure what you are making.
A 3 jaw chuck will not provide absolute concentricity. It can produce diameters which are concentric to each other, but not necessarily to the raw material, if they are all machined without disturbing the raw material in any way.
To minimise eccentricity, you will need a 4 jaw independant chuck, a magnetic base and at least one Dial Test Indicator.. A plunger type DTI may be graduated in 0.01 mm units, (sometimes coarser ) where a finger type DTI is likely to have 0.01 mm graduations. Both have their uses (A Finger clock can be used to check concentricity of a bore, which a plunger type cannot
If you haven't already got any, buy and read some of the books on using a lathe
L H Sparey "The Amateur's Lathe", Stan Bray "Basic Latework", Harold Hall "Lathework",. Neil Wyatt has written a book on his experiences with the SC4, One or more will be of use to you..
You may find Ian Bradley's "The Amateur's Workshop" helpful, also. Especially if you want to set up the lathe, as well as other workshop practices..
As a refrence book, you will find Tubal Cain's "Model Engineer's Handbook" useful.
As you gain experience, you will find a use for other books from the Workshop Practice Series.
FWIW, become familiar with the lathe. Don't rush into making a complicated model. Make your mistakes on relatively cheap bits of mild steel rather than an expensive casting from a kit.
When you come to making threads, you are likely to be using Taps and Dies for much of the smaller, < 12 mm, sizes. When threading upto a shoulder, or down a blind hole, a Mandrel handle will be useful. You produce the low speed required, rather than the machine.
You will do less damage that way. Broken taps are almost impossible to remove, so the part will be scrap!
Usually the very last hole that you are tapping, so a lot of work wasted!
You will need a Tapping Compound for thread cutting; Trefolex or Rocol RTD.
Again, making a sliding Die Holder (You can buy just the actual Die Holdes and make the body, if you wish ) The Die holder slides on an arbor, held in the tailstock.
It will be worth making a Tap holder to slide on the same arbor.. A quick way is to mount a small drill chuck om a body. After all you are unlikely to find many Taps with a shank bigger than 12mm.
Using the thread as it is being cut, to drag the tai stock along the bed is likely to damage, or strip the thread, especiall small,or fine, threadsl
So, if have not already got some, you will need drills.
Riding my hobby horses, make a Centre Height Gauge. Once set, this will help you to set tools on centre height, so that no pip is ptoduced when the tool comes to the centre of the work.
Most of the books mentionjed above will give tips on grinding tools.
Another hobby horse of mine is to use a Tangential turning tool for a lot of my work. (Only one face to grind, using a suitable jig )
Carbide tips have their uses, but you can regrind a blunt HSS tool at 9:00 pm on a Saturday night, when you have just chipped your last carbide insert! But HSS will have difficulty cutting hardened steel!
As ever, Horses for courses!
Hope that all this rambling is of some help rather than teaching granny to suck eggs.
Howard