I think it would be wise to get your own eyes on the property, and setting up the furniture, but I bet you could hire it all out if you wanted. 

I don't make very much money at the 9-5 but you can bet I track every freaking dollar coming in and going out for my properties.

I tend to see folks associated with these tech-front-end companies massively overpaying for services in my market, but doing so through a great UX/UI that makes them feel like they are winning, so that's not nothing.You'd think I'd be a raving fan of local PMs (of which I am one), BUT that's not so. 

@Casey Ricks, your best bet is an investor in my opinion.

Depending on the seller's condition, it may be a win win for both you and the seller.I am certain they are other creative finance options available that I must have missed, It may help some more if you connect with some of the investors in your area(via BP or your local meet up).Best of luck.

Your best bet would be to buy the house from them outright.

Using rough estimates I bet that would get you to your $4500/ month free cash flow number.

This area used to be filled with mom and pop investors with 1-2 properties but now big money and all cash seems to be winning out on almost every deal I see in the greater GR area and from those that are ok holding for a very long period of time. 

I've heard that a neighbor is in ACD, which i believe is an indication of foreclosure w/in a FHA loan.

Your best bet is to use a PM, or just try to invest locally.