You know River Angler Man, owning that pond or lake sounds great at first, but whenever I think about buying a place of my own, I think I'd get bored with it pretty quickly. Or wish I didn't have to worry about the things that go along with owning something. A lot of what I like to do is find a new place, or explore a little deeper in places I've been before. So I rent.
I joined a group and we've got access to 15+/- strip pits south of KC. I figure that'll keep me interested for a while, and they're much more doable than trips to the Ozarks are for me. My scouting down that way shows a few people, and a ton of great water. No jet skis, bass boats, or the other annoyances I encounter at the local reservoirs. Tons of tree-lined shores to keep out of the direct sun. When I get tired of all that, I suppose I'll go find something else. My fee, which includes a bozillion other places to fish and hunt, is less than a year's taxes would be on a small place of my own.