Joshua,
Like many are saying spend your money on the reel. I just jumped in a year and a half ago and it’s addicting…. so be careful.
Start with 8-9 foot heavy action rod (the length really helps on figure 8’s). Budget $100 +- for your first rod. I have some Bull Dawg rods and am happy with them. I agree with the 400 size reel. I went with a (lets call it a lesser quality reel) and I replaced it after 3 weeks… all of a sudden the little more expensive reel would have made more sense.
I’ve have 2 Abu’s both have performed well for all purpose. I have a Lexa 300 (ok but a bit small) and a Lexa 400 Power currently its my favorite. I’m finding things each reel does better.
If you plan on burning big bucktails these reels will do it for a while. You’ll be exhausted and sore and the reel will take a beating. Stay with the double 8’s or smaller single blade buck tails and your golden.
I learned this the hard way and am saving up for a Shimano Tranx. But there are several other reels (light saltwater basically) that will perform the task.
Good luck and have fun… I love to bow hunt and this is the closest thing on the water I’ve ever found. The adrenaline rush when you get hit or have a follow is awesome!