For me personally with the lessons I have learned - I would build capital before buying anything to hold / flip.

Investment Info:Large multi-family (5+ units) buy & hold investment.

But I don't know if that will really affect multifamily or if I should hold out for that. 

Please hand him a 3-day notice and evict him as soon as possible.  

;-)For Buy and hold, $10k isn't going to get you very far.

I'd like to be fairly hands-off due to daily work commitments, and looking for something that doesn't involve a ton of risk.

Speaking from hands on experience on both platforms as I've worked with both Carrot and Wordpress sites (more than 400 sites so far since 2017), what carrot brings into the table is their simple, all in one, fast website platform.

A bookkeeper can also work hand-in-hand with your CPA to ensure everything is recorded correctly, making tax time much smoother.My personal belief is to get referrals for CPA recommendations—word of mouth is often the best way to find someone solid.

But if costs are high or demand is uncertain, holding onto the land while monitoring the market might be the better play.

Just understand that you'll need to manager the PM, so you can't be completely hands free.