Once you have narrowed your options down to a few editors, five or less for example, set up some initial contact with each of the children’s book editors. Start by contacting them and see if they can answer your core questions via email. Find out if they are willing to chat with you by phone or skype about your project when you are ready to make a decision. Ask for them to specifically identify what children’s book editorial services they will be able to provide.
Working with a professional is always the best choice, so if possible, then save up to work with an editor. But of course, some writers can't afford this, in which case there are some other options. You can barter with other writers in the same genre, editing each other's work, or providing other services you might be more skilled at e.g. Marketing tasks.
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I want to thank the author of this article, the people responsible for this website, and the helpful comments I’ve read here, before discontinuing my watching of this thread. I have reached out to several developmental editors through emails and by posting my need for such an editor on the-efa.org. If anyone decides to go that route, the response has been tremendous. Be aware of their policy for posting jobs, though. They require aspiring authors to adhere to the ‘going rates’ shown here: http://the-efa.org/res/rates.php.
Copy editors catch spelling mistakes, errors in grammar, and inconsistencies in your text. They know when compound words are hyphenated (or not), whether the book is ‘laying’ or ‘lying’ on the table, and whether eagles have ‘talons’ or ‘claws.’ They’ll go through your manuscript line by line for accuracy and consistency of style. A good copy editor will make sure that your voice remains intact while restructuring sentences, and substituting weak word choices for stronger ones.
We may be talking about different services. I’m referring to a full read that usually creates a 5-10 page edit letter–no in-line editing. Or, perhaps we’re just working in different corners of the market. I’m around those who are freelance editing pre-query for writers hoping to traditionally publish their genre fiction, not the kind of rigorous editing a self publishing author would need, which should rightfully be much more expensive! It’s true that most people doing freelance editing at the lower rate/rigor aren’t doing it full time. It’s an optional step for those traditionally publishing, and the prices reflect maintaining access for those writers, I believe.
Every author must decide what is important to him or her in an editor, but in these days of electronic communication, honestly I do not think it is important to seek a local editor unless your book is specifically related to something of local interest. Even in that case, you may benefit from the perspective of someone who does not have all the local knowledge it can be easy to presume, so that you can prepare your book for a wider audience.

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So because of this and because I don’t live in NYC or LA, I decided I may have better luck writing a book, which I have been doing for several months now and enjoy; however, I know it needs work and I can’t go back to the 5th grade and pay better attention to the simple “put your period here and comma there” lessons so I was hoping to learn as I go with reading, writing and seeing my finished product after hiring an editor.
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