Hey,
Firstly, CR-MO is probably the best to build with if you're not confident with building as it's easier to manipulate and weld if you're not experienced. It also doesn't require heat treating. However, CR-MO tubing is fairly expensive to start with. You're looking at approx $7.00 per foot length I believe and you'll need different lengths of different sizes and thicknesses. I'm using 1 1/2", 1 1/4" and 3/4" OD plus the seat tube size (can't remember what tube we got for that at the moment) as well as CR-MO plate for the dropouts and gussets if you have any. You'll also find a lot of places have a minimum order of $100 or more as they normally deal with larger companies and $100 minimum order makes it worth their while although if you buy enough for two frames, you'll easily spend over $100. Building a frame is by no means, a cheap way out and it will probably turn into a very extended project.
As for geometry, you're going to get a lot of conflicting views of what is considered "RIGHT" for you. I'm currently in the process of building a bike myself and what I've done is take all the frames that I've ridden and tried to determine what I did and didn't like in terms of geometry. From that I came to the conclusion that I wanted a bike with around 16.5" chainstays, vertical dropouts with disc mounts & 135mm QR rear end, approx 70 degree headangle and about a 73 degree seat angle with a 22.5" top tube. However, this all depends on what YOU like in a bike. Also be aware that what you design on paper may not be exactly what you end up building as the slightest mistake in building can change angles by a lot. This is my first bike build and I am sure there will be a lot I want to change and it is all a VERY BIG learning experience. I'm sure that in the future the bikes I design/build will be a lot closer to the mark.
hope that helps.... even a little.
Cheers,
---Matt---