RE: tree stand theft
If the thieves want it bad enough they' ll get it no matter what you do. Put your stands high, lag bolt them in instead of using the t-screws and take your climbing sticks or tree steps with you.
If you put up a camera, I wouldn' t worry about the flash. Most of the thieves will come during the day and during weekdays when there' s very little traffic in the woods.
Unfortunately, that' s about all you can do if you decide not to take it out with you.