I'm no expert here but I did the same as you hope to do. Buying some land for recreation along with other benefits. My place had no pond. So after a few years of owning the place I decided to build a pond. As it turned out the pond is not the size I wanted and turned out to be half the size desired. But, I am for the most part happy with it. I got to build a bass pond with structure and cover and stocked with the fish I wanted. And I had a blast in doing all that. I think by finding this place your headed the right direction. And I think DD is right, check your neighbors. Most land owners do not want crack heads, meth heads living beside them. Researching is the key along with location, location, location.