RE: starting a hunting club
If it were me, 150 acres would be no more than 3 people. At that, it would take a high $$ "dues" and a long time to pay for a lodge. I like the idea, just don't see it working in how "I" would like it. I think that more than 1 person in a 40 acre plot is asking for problems in that it will get overhunted and drive the deer out. All this changes depending on the area surrounding the land also.
Good Luck
Dandbuck