The 10 year maturity date is where the LOC will modify into a different product all together.

Yes, I have separate expenses - Office Supplies, Meals, Gas/Fuel, etc.Generally, you'll want to take a look at the appropriate tax schedule - Schedule E for rentals, Schedule C for small business - and use those same expense categories for your bookkeeping.

Gold standard here is a 30 year fixed rate conventional mortgage (Fannie Mae or Freddie Mac products).

Our property management software allows for E-PAY and transfer to our account.

Obviously, you would not do this if you did not have a good backyard.Market research indicates that renovations, and subsequently, "indoor/outdoor living", are very popular right now.For a personal perspective, would it be worth it to put these types of products in a Class B home, in a Class A or Class B neighborhood?

Nita, the Home in Morgan City is in Bigger Pockets "Market Place" and can't be discussed in this forum but, would be glad to discuss it with you by phone, e-mail or through private messaging

I’ve got about $500K-$700K in liquid capital that I want to invest (not necessarily in one investment) and build a long term investment path in Charleston but I’m struggling to find the starting point. 

I recently read The E-myth for Real Estate investors.

Do you factor in the neighborhood's liquidity or turn over rate before buying a property to flip?

@Patrick Flanagan  You need to refinance it into a conventional product.