You have some excellent advice already here. I use a combination of butcher scaps and smelly stuff to start the process. After that a 5 gallon pale of old lard/grease from a donut shop works great. They keep coming back to lick it. I always try to set up along a creek, swamp or river. I would recommend you place your tree stand around 20 yds from your bait and set it up so the bear is presenting a good shot angle. A sturdy permanent stand will allow you to reuse it year after year and not make noise when setting up and leaving at dark. As for bear meat, like anything else if you bag a huge male bear that can be 8 years old or more it won't be as nice as a smaller young one but nobody can pas up the big boys. That's why man invented sausage