If you take it offroad, sooner or later you're going to damage it. Mechanical - it's usually in the front axle or transmission. You're 2WD, so that just leaves the transmission unless you do something dumb like hydrolock it in water.
If you sink money in to lifting it, you'll want to take it offroad. Then you'll get frustrated and want to buy a 4x4 and begin the never ending cycle.
If you lived out west where it was wide open, I'd say lift it and enjoy the desert. You're not.
Also remember that there's nothing worse than making payments on a vehicle that's broke and you can't drive.
So now to sound like I'm contridicting myself. An FX2 is basically a 2wd Ranger with the stance of a 4x4. Since it's not a true 4x4, you won't be able to go everwhere a 4x4 can, so that will help keep you out of some trouble. Know your limitations. Also, we have a great group of members up in NJ. Hook up with them.
Since you're 17, I'll tell you to not argue with your parents. When you're 18 you can do your own thing and probably be shown the door so you can go do it. They're just trying to look out for you.
Seriously though. Most offroad Rangers go through front axles, hubs and transmissions. It's not that often you see a rear go. But anything can happen. Just avoid overheating the tranny.
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