Shnelson...just do an internet search for land for sale near or around Red Lake or some of the towns near by and you might be able to find out what is for sale and what price. It is not good land by any means and probably no income opps...but could be good duck hunting with the right plan. It used to be...maybe build it and they will come.
Airdiver...the beaver ponds have their risks. Usually these ponds are great for wild rice...but beaver and muskrats like to eat wild rice as well. So if the pond is small, you probably couldn't get enough rice started to survive the grazing. If the pond is large, then you may be able to plant enough rice that a good amount will withstand the depredation and set out more seed. Mucky bottom with 12 to 36 inches of water depth would be prefered. Sago is another good option to consider in the water. Another option is to plant Mallard Millet along the water edges and mudflats in late spring or early summer...again plant enough of it to sustain depredation. What would really be great...if there was a damed up area where you could release the water in the spring and keep the water off for planting Mallard Millet...then keep the water off to allow the millet to grow...and then dam it up again to flood the millet out once the seed has hardened and it is close to duck season. That would be a honey hole!!! There are a few ways to keep the water off and then flood it out again. One other option if you can draw the water off but can not keep it off through the growing season is to plant "domestic" rice when the water is off (starts it growing) and then the flooding will keep it growing.
Very interesting stuff!
Fish On Bait & Habitat Outlet Store
320-634-3667
201 Franklin Street South
Glenwood, MN
(two blocks south of stop lights)