It depends on what you're hoping to do and the price of land in that area. Renting can be a great option, but expect there to be some rules, some of which you might not like. See if you'll be the only person using the land. I had a friend who rented. He was out plowing his field when he heard gunshots which worried him as he had a young family. The person who owned the land decided to go hunting on the property. It was quite a shock. In my area, land is cheap so it makes more sense to buy, then start slowly building things up from there.