I have an 02 Ford Ranger, 2WD, 4 Cyl. I am not sure whether i should lift it or try to convert it to 4WD? Any answers or suggestions will help. Not sure where to start  

Lifting it would be the easy thing to do, if you plan to use it just for show. If you plan to go offroading with it then convert it to a 4wd. But here is the thing, if you plan to go offroading with it you allmoste have to lift it, otherwise 4wd dose no good if youre dragging youre belly on the ground through trails. Plus it will give you room for bigger tire's. So i would spend the extra cash and do both.  

it would be cheaper to by a 4x4 then to swich it so if you dont whant to do that than lift it.