Hello [member=198119]Oakleyfarm[/member] . I'm really sorry but I definitely didn't see this post when you first joined. Congrats on getting your land - that's the first step done! So now how best to use it?
Are you into growing your own veggies and fruit? Are you interested in climate change and the environment? Do you expect any return from your outlay, or are you just wanting to have some land and the freedom it gives you? Will you both be working during the day or will one/both of you be there all the time? It's worth spending a lot of time thinking hard about what you want to do with your land - some trials can be very temporary so you can easily decide it's not for you, but some things might take more of an initial commitment which could be more difficult to dump.
First of all sheep. Sheep are relatively easy to keep and easy to either sell on or send to the abattoir, but you say you might not be OK with that. So do you just want to have sheep around as pets, or would you like to use or sell their fleece for craft work? If you are breeding to sell as breeding stock to others you really have to know your animals and have made a name for yourself before you plunge in - sheep owners tend to buy their new stock from known breeders, rather than from someone who hasn't a clue. We are in the business of breeding for breeding stock but we bred our sheep for at least 10 years before we sold any on to other breeders. We sell a really unusual type of Hebridean sheep, one you won't see in the show ring, or in your area. We sell 'Ancient Type Hebrideans', which are the remnant of what the breed was like before it was improved and turned into a show sheep breed of lookalikes. Our market is small and mostly confined to the North, although there is a large flock of the Ancient Type in Devon. This is not a venture we will ever make money at but we like what we do and we have the luxury of being able to cover our costs. However, a point which you might not have thought of is that not every lamb born makes the grade to a sheep which can be sold on for breeding, especially the males. So, those sheep for which we don't have a use go for slaughter to feed us and our family. If you would be unable to do that, then breeding for breeding stock is not something you could do - you have to be very selective or you downgrade your stock. I think we have found an unusual niche which suits us, but most breeds of sheep are not suitable for a beginner to get into the breeding-stock market.
So, if you don't breed breeding stock then you need pets - wethers ie castrated males are best. You could choose a breed with excellent fleece quality, but you would need to know a whole lot about that before you even choose your stock.
Have you thought about goats? There are several very knowledgeable goat breeders here who can advise. A big advantage from your point of view is that you might not have to kill or eat any (but you don't get milk without kids so you would have to find homes for them if they didn't go in the pot) and you could have a supply of milk and some wonderful, interesting pets
My suggestion is that you launch in with growing some food crops and keeping laying hens, maybe some ducks or geese while you go to agricultural shows, livestock auctions, speak to other breeders, read books, look online, talk to folk here on TAS and take your time to decide just what you would like to achieve and make a gentle start. I think you already know that to jump in with all guns blazing and to fill up with all sorts of ventures tends to lead to disaster and burnout or disillusion.
Good luck