I'm out of the area, so I'm looking for anyone that can recommend a good property management company.  

So even if they managed to get a tenant in at inflated rents, it's only a matter of time until that becomes a problem.  

I am an out of state investor so I'm still getting quotes on management fees.  

Try @Jason Bott on here he got me insured for ~$25/door/month.With an HOA do you really need a property manager?

With her 14yr experience in condo property management with a Chicago portfolio, we have decided to capitalize on that knowledge to build our own portfolio through buy & hold opportunities, specifically multi-unit properties.  

In addition, the brokerage LCL seems to manage quite many properties in SoCal.

Who manages this for you?

The company that manages all HUD properties (CWIS LLC) determined that the property was in too bad shape to sell via Hudhomestore.com and the property was supposed to go back to Wells Fargo.

And second what is a good percentage or share to give him since he will be the one there managing the actual flipping?

Commercial I always start with how you see yourself managing the asset as I think that tells a lot about which type of commercial property maybe better suited.