It is worth considering the uses to which the lathe will be put. If space and budget will allow, my advice would be to buy a little larger than you first think. You can do small work on a large machine, but the reverse can be difficult, frustrating, if not impossible.
Your budget should include an allowance for tooling and measuring equipment. Don't forget a 4 jaw independent chuck You will need one before too long!
If you are a newbie, making a few simple accessories or tools can save money, help familiarise you with the machine, and provide useful learning experience. Some of the gadgets may be unique to your machine and workshop.
Articles in M E W will show the kind of things that have been made, to make life easier, or to improve / extend the capabilities of your machine. Your version may be a scaled up, or down, even improved / specific to your machine, version of that shown in the article, but will be useful, all the same.
Before launching into a purchase, it may be worth obtaining and reading a few books. They will stand you in good stead for the rest of your life. The knowledge will not be wasted.
Zeus Charts are always useful. Still using mine bought in 1958, and later editions.
L H Sparey "The Amateur's Lathe" Focuses on the Myford ML7 but sets out basic principles.
Ian Bradley "The Amateur's Workshop" Deals with matters additional to lathe work, a good companion to Sparey
Tubal Cain "Model Engineers Handbook" is a very useful reference book containing all sorts of data that will be needed from time to time.
Dave Fenner and Neil Wyatt have both written books on the mini lathe.
Harold Hall has written books on a variety of subjects pertaining to Model Engineering
The Workshop Practice Series contains booklets covering a wide variety of subjects, including Drills, taps and Dies, Screwcutting etc.
There are other books specifically on Screwcutting in the lathe, when your horizons expand
HTH
Howard