F-150 makeover
As for tires....I personally like a BFG All Terrain. There is no need to go for anything more aggressive than that because if you are in a real mess you are not going to be able to get out anyway.
There was a guy a few years back that did a solid axle swap on the front of his F150 and it was speculated to cost him in excess of 15,000 dollars.
It would not be worth your time, nor your money to do a 4wd conversion on your future truck

Quit being lazy and read! Theres plenty of information on these questions your asking. Just sit back and read. You will learn alot.
Ford Trucks for Ford Truck Enthusiasts
Your truck will serve you fine for hunting as long as you don't ask too much of it. Keep in mind it costs more to maintain four wheel drive (and there is more to break) and you will be happy with what you are going to get.
You are wise to be addressing tire issues first. The all terrain tires others have been suggesting will serve you well. If you do get in a sticky traction situation, you could throw chains on the traction tires to help get you out (you will get filthy doing so, though). Just don't drive with them on all the time. It's murder on the tires and chains (and wallet). Keep in mind when choosing tires and rims that the larger the tire (both diameter and width), the better the flotation (for getting over sand, soft dirt, and mud) but as diameter increases, the less your efective torque being applied to the ground will be.
Buy your lift components and don't go too high (you don't want to tip over crabbing up the side of a hill; it just ruins your day). Just enough to clear your tires is all you really need. The people who design the lift parts have a lot more education than you and I combined (and I have a college education) and have worked out all the problems you would face if you try to cobble up your own. The problem with the hockey pucks (I'm assuming you are talking about the air bags that look like stacked donuts, which is what we used to call them) is if they lose their air, your truck could come down on the tires which is hard on both sheet metal and the tires.
You will get stuck. Repeat, you will get stuck. Did I mention, you will get stuck? So, prepare for it. Someone suggested a come along and a long strap. Excellent advice. Several straps are even better. Carry a couple (four are even better) of thick planks in the bed to help you get traction or get over a soft spot. Get a real jack (and a board to put it on when using it) like a good scissors or bottle jack. The factory one is a joke. Some wheel chocks are a good idea to keep you from rolling or rolling the wrong way when jacking up the truck. A sheep herders jack (those tall beams with a bijillion holes in the beam) will also serve you well. Don't ever crawl under your truck while it is jacked up. I guarantee that if try to wear it, it won't fit (in other words, you don't want it falling on you).
If the truck doesn't have a limited slip rear end, look into a steering brake kit. It's hard to retrofit in an F150 but someone may make one. The idea is if one wheel can't get traction and is spinning, apply the parking brake to just the spinning wheel only will allow some power to go to the wheel with traction. It doesn't always work but it beats having to dig yourself out. Sometimes just gently apply the parking brake (a real juggling act with a foot applied parking brake; you have to hold the release open so it doesn't lock up) will fake out the differential enough to get you out of a sticky spot (it's tricky, though, and doesn't always work).
Speaking of digging, carry a shovel with you.
Throwing some weight (like a few sand bags) will help with traction. Too much weight will bog you down, though. Experiment; sand bags are cheap (and won't ding up the bed like cinder blocks or big rocks).
If you encounter a hill like you mentioned your grandpa has problems with, try backing up it. If that doesn't work and you have a stick shift, revving the engine a bit and pumping the clutch sometimes works. If that doesn't work (or you have an automatic; trying to dump the tranny in out like you can with a stick and clutch will kill the tranny), a wench or come along and straps may help. Burying a boat anchor will provide a place to hook to if the trees aren't cooperating by being conveniently placed (stupid trees!). If you still can't get up the hill, you didn't want to go there anyway.
Never go anywhere you can't drive back out the same way.
If you go where there is no cell phone service, think about having a good portable CB so you can holler for help if you get into trouble.
The most important thing is use common sense and don't push that truck too hard. If you treat it right, it will treat you right (most of the time; they do have an ornery streak).
Also, when posting here, keep in mind a lot of the posters here range from considerable older than you to downright ancient (like me; I'm almost 4 1/2 times your age). Not all of us use the same language as your peers, especially text short cuts, so give us flatuent geriatrics a break and spell out the words.
I wish someone would have given me truck when I was 16. I had to be content to drive the family chariots (although my daddy did get an F150 when I was 17 and let me do all the driving when we went anywhere; I was able to learn a lot from him that way).
Good luck with your truck and be sure to check with the guys here before trying to do anything with it.





