A small regional one may be a good choice.  

Real estate is fast becoming the most preferred choice for the people who want to invest for the profitable future.

Having a license is definitely beneficial but it comes with some costs, so it's a cost/benefit question - if you only plan to use it once (or once in a while) it may not be as beneficial, but if your plan is to use it continually, that's a different situation and may definitely be worth it.Look out for some local meetups, there should be a BP Sac meetup coming up soon, setup a keyword alert for Sacramento and you should catch it :)

Section 12 (which makes me wonder if a UCC filing is a type of conveyance)"This agreement is personal to Buyer herein, and no conveyance shall be made of Buyer of the premises herein described, or any part, or any beneficial interest thereof without first obtaining the prior written consent of the Seller. 

The more time spent here is so much beneficial....

Most of these properties profit about 5500 a year I just don't want to make the wrong choice on my first deal.  

So, plan ahead and go see your area of choice before you decide to make your decision.

So which one is a better choice for a first time investor?

This would be a legal issue, I would suggest the quit claim if executed, would be in front of an attorney of your choice, notarized, sealed, and copy of the file kept on his file depository, your local UPS Notary will not retain a copy of the wuit claim.

I have found it most beneficial and valuable to my clients to get involved with local real estate investment associations that focus on networking, and education.