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.

They don't want out-of-area Landlords that are not keeping an eye on the property.

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.

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!

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

 - Cashflow is ~2K/month and leverage is ~60% (equity being 40% of current value)Accumulation goals:In the next 2 years, our plan is to buy lots and have duplexes built by a builder we have existing relationship with that takes care of the whole process without too much of our involvement. - Buy 6 additional duplexes.

San Diego is very tenant-friendly so make sure you know what’s involved.