It can take some time to find the right editor, so you may want to start asking around even before you have a text that is ready to send. If you know a fellow author who can recommend someone, that’s wonderful, but if not, it’s fine to poke around the websites of some editors and see who appeals to you (and seems to work within your genre). Then contact them by whatever method they request (often a contact form on their site).
Second, consider getting a critique before you decide whether you need to pay for a full copyedit. I (and probably many other editors) will read your manuscript and write a several-page critique for much less than the cost of a line-by-line edit, and if your mechanical skills are reasonably good, this may be sufficient to help you get it into adequate shape for your publication plans.
Technology may have changed the way books are produced and distributed, but ultimately the connection between reader and writer is one of the most enduringly personal in history. You need to pay close attention to an editor’s manner and decide if the relationship is likely to be pleasant, professional, and productive. Is the editor overly curt or slow to respond to your emails? If the comments in the sample edit are too harsh, how will you make it through hundreds of pages of red-inked barbs? Beyond the financial expense, editing can be an intensely emotional journey; make sure that your editor will be a good travel companion.
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.