Good plan - unless you really want to commit to bowhunting buy the rifle tag and if you have exclusive (or the access is limited to a few) for that property just use the bow. You have to wear orange, which sucks, but it really probably doesn't matter all that much.
I'll be the only one hunting it as far as I know, unless there are trespassers. But being that it's private land all around it, with none of it accessible to the public, there won't be many that's for sure. I hadn't thought about the orange requirement, but you're right. I plan on hunting out of either a tree stand or a ground blind made of natural materials so it shouldn't be an issue. I may just wear on old, really faded, orange vest.