The 2211 is a decent entry level analog scope, $75 is not an absolute steal but it's a perfectly reasonable price for the instrument provided the tube is bright and sharp and all the basic functions work. You don't need anything super fancy in the way of probes for a 50MHz scope, you should be able to find something for around 20 bucks or so. A function generator is handy but you could also build a simple oscillator out of something like a 555, or look for those little TTL oscillator cans to salvage out of scrap equipment. Lots of tutorials out there on how to use an oscilloscope, you should try to become proficient taking basic measurements of voltage and frequency. With an analog scope you have to calculate the frequency manually by counting the graticule marks for a complete cycle and working out the period from the time per division setting. It will make more sense once you sit down and try.
While you're waiting for a probe, you can get by with just a piece of wire poked into the input jack and another wrapped around the outside of the jack for ground to measure low frequencies.