Several things that might help since you are on a sort of limited budget.
The important things to remember about coaxial feed lines is the characteristic impedance should be the same as the radio's, 50 ohms. Depending on the length of that feed line, the average loss per 100 foot can be important, but only if that run is a fairly long one. Fractions of a 'dB' of loss mean very, very little. So, if the coaxial cable is of decent quality, dang near any coax will work just fine. Make it light on yourself ($$$).
Will your proposed antenna installation work? Yep, sure will. More higher is more better, but it should work just dandy if it was at ground level. That 'ground level' thingy has some 'catches', but not ones that I'd waste a lot of worry on (not too good if people touch antennas when you're transmitting, you know?).
Any/all antennas require tuning unless you are very, very, lucky! I wouldn't count on that too much, the lucky part. That means that you will need some kind of meter to do that tuning with. If your radio has an SWR meter built into it, it'll 'work'. They have a reputation of not being the most reliable things in the world, but it should at least get you into the ball-park. And external SWR meter is sort of nice to have. Can't afford one? Borrow one. Who ever you might borrow one from might also be willing to help with that tuning too.
Will all this result in a 'miraculously' fabulous radio set up? I sort of doubt that, but it will certainly be usable. How usable might surprise you. At the very least, it'll give you an idea of what's possible, you'll find out if you want to stay with it or not. The idea is to have fun with it. So...
Have fun.
- 'Doc