It's probably taken you quite some time to develop a level of aptitude through experience, and it's most likely, well deserved.

Definitely would consider both, but the cash flow does sound quite tempting :) 

To replace that much income will require lots of work or you will have to hire a full time team that will eat into your margins and will require management.

I've flipped about a dozen properties here in Chicago, and quite honestly, it felt like something different went wrong on each one of them.My biggest piece of advice is to KEEP IT SIMPLE starting out. 

The "I want to use real estate to replace my income and quit my W2" idea is really, really hard.

Adding amenities like power, water, and a barn or pavilion could increase its value as an event space.Farm-to-Table Experiences: If agriculture is possible, create an on-site farm-to-table business where people can visit, harvest, and eat fresh produce.

Not to provide TMI, it's a very very good location of Austin-- slightly West and it was priced north of a million, quite a bit more.

I have had a couple of addresses over the years and usually I have used UPS, but lately I have seen a lot of virtual option popping up ... earthmail ... regus ... digital mailroom ... there seem to be quite a few.Would anyone have feedback on the best route to go?  

It's quite the contrary. 

As mentioned above, you can quit claim ownership of the property, but you are right- lenders don't like that.