Who to invite to first birthday party?

Emily

We have a ton of close family and friends, the problem is all of our friends have kids who are older as well, and we have a pretty small apartment. It takes a handful of people and multiplies it once they all bring all of their kids, and we just don’t have the space, nor the money to host so many people. Should we choose to invite only family? Or pick and choose who gets invited and who doesn’t, and risk someone getting their feelings hurt?