All the replies to the OP make good points. My only thought is - and sorry if this is obvious/redundant - find a good room/space/corner/area which already sounds good when you play acoustically or sing in that space. I found my first home recordings were just full of extra background sounds and noises. IMHO, it wasn't my gear (which is modest enough for sure) it was WHERE I was choosing to do my recording within my house.
I'm a Dad, with a smaller children and I live on a moderately busy street (where I can hear muffled traffic sounds if they're loud enough). I'm fortunate to be in an well-built, single, older two-story brick home (1923) with wooden floors everywhere, 9' ceilings and old horse-hair plaster walls - it's got a lot of nooks and corners with great acoustics - but not all the locations make suitable recording spaces (because of extraneous noise, kids noise, neighborhood sounds, etc.). So, for about 6 months I just took my guitar around the house until I found a great sounding, quiet spot (this ended up being a small upstairs room near the back of house, farther from street). For sure, it's not big enough to host even a three-piece band - almost more of a big closet type space - but for solo recording of instruments and vox, it works well for keeping noises out of the recording and had a nice natural and soft reverb. And I didn't even have to 'treat' this space with any other panels, carpet, half-walls etc. So again, my first suggestion - just find a good space to record before worrying too much about gear. My apologies if you already have solved your location issue - this was more for other readers of your post who might also be just getting into their own recording space. A good location/space can really make up for and get the most from even modest gear. Hey, and don't forget! - even Garages or garage lofts, if in the right spot, can make a decent recording space.
Peace