Questions for managing properties out of state.

[Michael Lopez]

New here and also new to real estate investing! Learned a lot just lurking but took the leap and getting started now. 

So I plan on investing out of state and finding deals and using lease options. My question mainly comes down to managing the properties. I do plan on hiring a property management company, but I was wondering do they host open houses? Put for sale by owner signs up? Also when it comes down to signing the contracts. Just trying to get a general understanding of this part of out of state investing.