Either of those compressors should do you very well. The Silentaire comes with a coiled hose, which would probably be too large and heavy. Email Dixie Art and ask for their recommendations. The TC2000 comes with an Iwata hose, with will probably be one of the braided hoses. Again Email Dixie Art and ask. I use a lightweight vinyl hose for my Badger 150, as I find even the braided hoses quite cumbersome.
Here's a link to MusicCity's awesome
website. After admiring his builds (Scott that Eagle needs to be updated!
) scroll down for tips on airbrushes, thinning and acrylic paints.
Distilled water can be found at your local grocery store where they have bottled water. Look for a gallon jug. Isopropyl alcohol should be found at the drug store. You want the purest you can find. I have a bottle of 99%, but you probably will only find 90%. There is a 70% version, but I've heard that it isn't as good. I end up watering my 99% down as it dries VERY fast, as in before the paint gets to the model!
While you're ordering the airbrush and compressor get a bottle of Iwata Superlube or Badger Regdab airbrush lube. This will help with tip drying, as well as basic lubrication. Just smear a little dab onto the front half of the needle (watch it, needles are sharp!). Don't forget to buy extra needles when you order everything. They are considered a consumable and you will kick yourself for not having one on hand when it does get bent or corroded.