My exit strategy is to hold the home 2-5 years and to purchase another home with the new equity I would have achieved by renting the bottom portion and with market appreciation.

Entering the real estate market with $10,000 is not only possible–but it can be achieved through innovative investment avenues like FRACTIONAL Real Estate investing or investing in TAX LIENS - research these two options. 

If it is working with subs, a GC license won't help that in any practical way.At the end of the day, it depends on what you are looking to achieve.  

So believe me, there were days I used to knock my head against the drywall until I managed to find a balance.

New to this local market, I wonder whether buy and hold is a good strategies for this market (balanced between cash flow and appreciation for class A or B, I know cash flow is difficulty in general given today's real estate environment )?

Seems like a really balanced and prudent approach.

Whether you read my book or one of the others out there, I suggest you educate yourself and learn how to manage well before a mistake sours your plans.Flipping is a great way to earn income, but the market has to be balanced.

I have $50,000 left over from my house flip that I can use for my next deal.Any advice from other investors, especially ones local to the area, on how to best leverage my $50,000 in order to achieve my goals would be greatly appreciated! 

I plan to pull my principle investment sometime soon and keep a balance of it. 

Here's an example of a home with balanced light, good angles, and a wide-angle lens that shows more of each room: https://www.zillow.com/homedetails/3057-N-Azure-Ave-Fayettev...It would help to take some free lessons on how to shoot real estate.