This video will instruct you in converting a Windows 7 Pro physical machine into a Windows 7 Pro VM. In order for this VM to activate, you need to be running a Host PC with a Windows 8.x Pro or Windows 10 Pro OEM License. You can passthrough the Host PC's SLIC to the VM in order for it to remain activated. Note in my case both the original machine was a Dell PC and the new host PC was a Dell PC. I have not tested this with PCs manufactured from different OEMs.