I've been going through this process myself recently. Be prepared to do a lot of searching for parts, and be prepared to sink a lot more money into your rifle.
You don't have to lose your non restricted status for this.
If you look at the picture, there's a home made grip and stock on it, I guess it depends how much of a perfectionist you are, but if you can find one, you're much better off getting a genuine H&K G36 lower. You can get a CNC machined aluminium adapter to attach the lower and your folding stock to. Avoid the cheap plastic ones, as they break, and the home made hacked together solutions never look quite right. Once you've got your aluminium adapter block and your lower, you'll need another push pin to attach the lower to the adapter, your stock, and a roll pin to attach the stock to the adapter block.
The rifle in the picture also has the G36K handguard with heat shield, I like these, since they expose the front of the gas system, which looks pretty good in my opinion.
Also worth considering is a G36E barrel - long enough to keep your non-restricted status, and usually comes with a flash hider and bayonet lug, and possibly a mag well adapter. Ideally, you could just get G36 mags, but they're a hard find, and pricey, you're better off going with the AR mag well adapter and just getting some P-Mags (plus you can then use the 10 round LAR15 mags).
I guess it's also worth mentioning the bolt carrier. If you get a G36 FBI lower, the trigger group is slightly different, and there's a piece that prevents the hammer from falling before the bolt has reset. This is for full auto, even though the FBI lower is semi auto only. You can take this piece out easily enough, or you can replace the bolt carrier. The bottom of the SL8 bolt carrier has two straight grooves on it, but the G36 version has a little sloping piece at the end of the groove that disengages the hammer lock when the bolt has reset and it's ready to fire again. I guess this part isn't important, since it's not critical to the function of the rifle in any mode but full auto, which we can't have, and if you just take the lock out (a matter of removing a single pin, taking it out, then replacing the pin, not exactly hard work), and it's not a visible part, I just thought it was worth noting.
Also, take a look at the stickied thread, there's a wealth of knowledge in there, and I think it's also worth mentioning the ESB2. This is not a standard part of either the SL8 or the G36, but is in my mind a very worthwhile piece of kit. One of the problems with these rifles is that there's no quick bolt release. When the bolt is locked back, the only way to unlock it is to pull back on the cocking lever, which isn't a very economical or fast way of doing it. The ESB2 just extends the bolt hold down a little into your trigger guard, so as well as pushing it up to lock the bolt back, you can push it down to release the bolt. If those paper targets are ever coming at you in volume and you need to change your clip, it could save you a valuable couple of seconds, and we all know how nasty paper cuts can be.
After typing this all out, it's occurring to me how much time I've spent researching, sourcing parts, and wincing at the sight of my bank balance.
Anyway, good luck, and be patient, these parts can all be had, but be prepared to work hard for them.