Generally speaking, with guns, knives, and tools, you get what you pay for. I have had second-tier firearms that performed well but were not finely made, but I have had others, like Taurus and Charter, that had significant problems. I have also heard a lot over the years about problems with some of the second-tier stuff, but the talk of problems with Colt, Smith, Browning, Ruger, etc. is far less. I tend to think that problems with top-tier guns and "boutique guns," such as Kimber, are more flukes that anyone is going to have rather than problems that occur regularly. I would go with a major, reputable manufacturer. If you are on a tight budget and want to purchase a second-tier gun, I'd consider saving and scraping a little longer and buying from a more reputable manufacturer.
Now, that said, my gun shop guy is selling RIA 1911's by the score with no complaints or problems. They ain't pretty, but they function well and go bang every time. Do your research and don't buy the first thing you "like."
PS Also, learn about the customer service with these manufacturers. If you do need to send it back, some are far more customer friendly than others.