Just so you know on my newest purchase I am looking for renovation money as well as financing and the bank is looking for formal quotes as to the materials needed and the amount/cost of the labor that will be involved.

What steps to take, who needs to be involved, etc.I think that you will find that you can manage the property with the right set of people in your contact list.

This is how I run it where I amOff market deals from my own marketing, no agent involved I flat fee list it every time.If an agent brings a deal I sign with them on the purchase of the property and I give them the sale of my rehab as the listing agent.

Fantastic, you picked a great time to get involved, there are tons of opportunities out there. 

This involved new windows, tile, refinishing cabinets, adding a bathroom, updating a front porch, and several other things to bring this property back to life.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

We need to get more involved and get better organized at pushing our agenda. 

I have some ideas and some stuff I'm involved in and we can discuss and compare.For someone who supposedly doesn't know a lot, you're doing great!

I truly enjoy the diverse sets of experiences, learning from failures and successes online, and different ways to approach a decision.                                                                               

Involving an extra step like that will likely incur extra cost in closing, title and lender fees