Just make sure it's solid wood rather than ply. I haven't bought an acoustic for years but I remember washburn made resaonably priced solid topped guitars.
I started playing on a $70 ish classical guitar that was a total piece of crap, and I think it helped in the long run. Playing a guitar with a neck like a boomerang and foot high action will make you work harder - then when you get a razorblade necked shred machine you'll be able to fly.
Not saying you should intentionally buy a bag of crap, guitars are way better now, just keep in mind that guitars at the beginner end of the market (or in any bracket for that matter) are much the same. Don't get caught up on brand, just go to a store, tell 'em how much you want to spend, and then play around on everything they have. Doesn't matter if you can't play any music, just fret some notes up and down the neck...
One of them will speak to you.... :D
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