You can't even get a mid grade transmitter for that cheap. Buying stuff locally it's easy to spend $100 on a small electric motor, another $100 for a speed controller, $50-100 for a battery, $50 for receiver, $120 for 4 servos etc. All those components are reusable and good quality. If you're getting an entire setup for $200 the parts are probably cheap and unreusable. You crash the plane you throw everything away.
You can get reasonable quality but a bit of a gamble parts from Hobby City in Taiwan, but it's about $30+ for shipping.
My first electric after what I used as a trainer cost me about $600 just for the electrics, the airframe was secondhand. I think I got maybe 10 flights out of it before the elevator servo came loose and it lawndarted. :facepalm:
Most public parks you can, some they're banned. Don't be a moron and you should be ok. Don't fly when there are people around, especially when you don't even know how to fly.