Hey Mike.. Great first post!! Sounds like you are a man with a plan!
You are right..You will need something to do to keep yourself busy..
Dont forget though you will need a 13a visa if you intend to do any kind of work here..
Best if you apply for that at the R.P embassy in London after downloading the forms,getting together the requirements,medicals etc.
Once you get your ACR card its just 310 PHP per year to stay!