Allright, I think I want to take the plunge and get a precision rifle. I first off dont have the money for a custom built gun. I am leaning to the Remington 700P LTR due to the size and portability vs the 700P. My questions are as follows:
do any of you have experience with the LTR, do you reccomend it?
What caliber? I am leaning toward 308 but wondered if anyone had used the 300 Remington SA Ultramag?
Thanks
JP
I used one in 308 with a 3.5x10 M3 Leupold on it. Nice “no thrills” rifle.
I had no problem keeping my hits in a 4" target at 600 yards… The groups opened up quite a bit past that, but I am probably as much to blame as the “short” barrel… 
That rifle bagged its share of antelopes over the years.
Yeah thats kind of what I was looking for a 500-600 yard capable rifle that I can shoot with maybe take a class or two, something I can reload for etc. I was thinking the LTR a leupold MK4 LR/T M3 (mil Dot) for the scope and a plain harris bipod and that’s it. Thanks for the info.
I considered the LTR, but found a better deal with the SPS-Tactical in .308. I have it mated with a Leupold scope mounted on a Seekins rail and a Harris bipod mounted on the frontmost swivel point. It’s a tackdriver out to 300 yards, and I’ve kept rounds within 4" out to 600 yards.
They are a great choice JP, I’ve had a pair of 'em since '00, a .308, and a .223. They are set up identically, Leupold 3.5-10 Vari-X III’s over 20moa bases. They are both honest, reliable, everyday, 3/4 minute rifles w/ factory Match. On a good day, when the moon, stars and sun align and I dope the wind and control the trigger, they’ll shoot better than that.
Best thing…They are just plain downright handy, as compared to the older 24" and current 26" PSS rifles. Besides I like the slimmer LTR stock over the “bloated”, to my hand anyway, PSS stock.
A thought though re: the LR/T w/ M3 turrets on a 20" gun w/ factory Match. Keep in mind BDCs are calibrated for specific factory loads out of longer barrels that produce greater velocity. Won’t make much difference up close but as you start getting out there the difference can be pronounced. Depending upon conditions, about a minute to a minute and a half at your stated 600 yard limit…That’s a 6+ to 9+ inch difference between POA and POI when you dial-in range and hold what you would expect to be POA/POI. BTW, its about three and a half minutes, or 35 inches at 1000 yards, and yes, you’ll eventually want to give 1K a shot…so to speak :D.
You might want to consider contacting Leupold Custom Shop for a custom BDC turret to more closely reflect velocity of your chosen load from the 20" barrel, or run M1 turrets instead, depending upon your intended purposes.
A final thought, you might want look into the TMR (Tactical Milling Reticle) vs. the conventional Mil-Dot. It seems to be easier to learn well quickly and serves the same purpose without having to learn to judge dots down to 10ths.
Enjoy putting it together…
I’ve been issued a PSS since the early 1990s, and a couple of years ago I bought an LTR. The LTR shoots as well as the PSS but is a lot handier to move around with. Were we to be trading in the PSS’s that we have, I’d recommend replacing them with LTRs. I put a 3.5x10 Leupold in Leupold Mk4 base and rings.
I can say this-the LTR/M3, use a pack and you have a sound shooter-it’ll do what you want it to do and wouldn’t make a bad hunting stick.
If you want it to double duty, that’s what I would get.
I have the Seekins base and rings on mine, they are nice and slick.
If all you want it a log to plop on the ground or bench, then go heavier.
IIRC that is the scope I also had on mine; the optics were not that outstanding and I wished latter on I had gone with an IOR (superb glass)… 
I picked up an LTR about 3 years ago, it’s bedded, Badger bolt knob, trigger tuned, EGW one piece base, Burris XTR rings, Sightron SIII 3.5-10x mil dot scope.
I really don’t know how I’d improve it, I absolutely love this rifle. So much that I bought a .223 LTR. The .223 isn’t as “tricked out” but it shoots just as well.
I have a LTR with Badger 20moa base, TPS low rings and a IOR 3-18-42 scope. Get to use it on a Elk hunt this year.
It is hard to choak down buying a scope that is 2 times what the rifle was, I am also looking at night force just leaning toward the leupold.
the scope is more important than the rifle. you can put a good scope on a so-so gun and shoot well with it. a bad scope will turn a good gun into a poo shooter…
i spend more time looking at scopes than i do at the guns they go on. i knew a guy back in texas that bought remington VSS had nearly 2000$ worth of custom work done to it including rebarreling and then put a 90$ redfield 3x9 on it and couldnt seem to understand why his uber weapon would shoot for crap past 200 yards.
most out of the box remingtons will shoot better than a new shooter is capable of. spend your money on a REALLY good scope and get a cheaper rifle to practice with. that will give you a better clue as to what features and capabilities you want in a more custom weapon. the scope can transfer gun to gun.
since i am not out looking to use my rifle in a combat type situation where if i dont take the shot im not gonna die i went with the leupold mark4 4.5x14 50mm LRT M1 its durable has good glass rugged as hell has a parralex adjuster and mil dots for measuring range 1/4 click moa adjuster with marked target knobs and a very large amount of adjustment due to the 30mm tube. it is also a second focal adjustment as i would rather have the finer x-hairs at higher magnification rather tahn range estimate at any magnification. i am restricted to range measurements at one magnification but im not going to war with it.
i have owned a scope in the past with a BDC and they just are not worth it. you are stuck with one load using one bullet. with proper use of a mildot system you can easily estimate ranges. keep records of different zero for different yardages for different loads and dont get suckered into gadgetry
the .308 is a really good choice as it has a very large range of bullets and loads second only to the 30-06. once the current occupant of the white house is no longer in office in a few years things should go back to normal in the gun world and surplus ammo and reloading componants will be back to normal. .308 is the military round of choice making ammo for it widely available once people pull their collective heads out. it will follow the path the of the 30-06 once if it is ever discontinued. the 30-06 was extremely popular for nearly 50 years after its retirement. the .308 will do just about everything you want it to do target and hunting wise under 800 yards. it is low recoil brass bullets and ammo widely available at walmarts and shooting stores everywhere making it easy to get if you are on a trip and need a few more rounds than you planned on. exotic or newer calibers sound uber cool but try and find em in the back woods of new hampshire at the local hunting supplier. you will probably get a sideways glance and the local mumbling things like noob or city slicker as he laughs you out of his store.
anyway im new to this forum so take my opinions for what they are just my opinions.
For caliber I would Def go with the .308 for some of the reasons you were wanting the rifle. More data is out there on the .308 than probably any other. More ammunition options (factory), ballistic tables, reload info etc. Plus the COST of the ammo will be a huge factor if you go with the 300. Best thing to do when getting into long range shooting is SHOOT a LOT. Take classes to learn the proper way to shoot your new rifle and see what things you want/don’t want in a stick. Plus with the Rem 700 any smith worth his salt will be able to do some work on it for you. TONS of custom smiths out there. And tons of options available to you.
Hope that helps.
Matt
This is exactly what I have. It’s the perfect gun. No way to mess it up like this. Keep it simple and it will work hard for you. This is my 3rd 700 in .308. The first two were a BDL and PSS and worked great, but the barrel length and weight were drawbacks. I love the LTR and havent had any issues keeping the groups tight at longer distances. You’ll love it. Good luck.
Mine has a LRT 3.5-10X40 M1 on it. Badger 20 MOA base and ARMS throw lever rings (Badger rings temporarily MIA).
Shoots Federal 308A (150 grain Powershok) into .5-in. Me likey.
Trying to decide whether to go Krylon or Cerakote…
And yes, I would pick M3 over M1 for fast shooting.