If an album has many issues it is generally not worth, IME, to record it. I would wait until I was able to buy a cleaner copy. I can process the whole album at once but I would rather stay clear of having to process sections that don't require it. I have found that, regardless of claims, there is no free lunch. I also have a Denoiser plug in that I use and which can be fairly effective with tape hiss. But that too has to be lightly used. It will leave finger prints. As with all these things it just a matter of how many finger prints one can tolerate.
I transfer my recordings via 24/96. It affords me great sound on the go plus it leaves me an accurate representation of cartridges and phono amps for future references.