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it's all good in the neighborhood 

a way to say that you are doing alright in a different way. this phrase is the best alternative to saying you are alright because it rhymes.
friend 1: Emma, it looks like that hurt. are you ok?
friend 2: yeah, it's all good in the neighborhood

All the tools and no box to carry them in. 

A person or coworker that appears to have intelligence and talent, but continues to screw things up on a regular basis.
Man, I used to think that guy had his shit together. He's such a screw up.
He's got all the tools and no box to carry them in.

All Good in the Hood 

Meaning everything is perfect and going well in your life or current situation. Could be a question or a statement!!
Situation: You are in school and your friend asks you how your

day is going and your reply would be: "Oh it's all good in the hood"
or

Lets say you are on vacation, and you left your friends to watch your home and you want to check on things you could say " Hey are things all good in the hood?"

all good in the hood 

Everythings cool. Nuthins wrong.
Me and that bitchass shaniqua were fightin, then i bout her sum cheapass chocolates and now its all good in the hood

it's all cool in the pool 

guy 1: hey what the fuck is going on here?
guy 2: hey, it's all cool in the pool.

all good in the hood 

means everything is perfect and going well in your life or current situation.
I feel it's really time for me to enroll in the university because my dad hit the jackpot and it's all good in the hood.
all good in the hood by slang lover September 16, 2013