There's a certain amount of attitude concerning editing and self-publishing on AW, and FWIW, please stop.
I revise and edit A LOT. And I know the difference between the two.
Now, some of my extensive edits have been self-inflicted. I wrote seven novels before I had a clue about marketability. The list of my errors was daunting--developmental story blarts, line edit problems (mostly with too-common verbs), and I had to research commas to the point that I know why I use every one.
I had a lot of growing to do as a writer. I still have areas that I'm trying hard to hone my skills. I keep promising myself that the better I get, the less time this whole process will take.
I did hire a developmental editor once. I won't say her name here because I was disappointed, but you'd recognize it if you read fantasy and you're involved in the trade. She's a well-respected trade editor.
And she wasn't as good as my beta friends. Not even close. It's not something I want to spend another grand on.
I know there's a lot about people who go out and pub a book a month, and it's hard to wrap my mind around how that could be a quality product. But I've read the Look Insides of some of these books, and they're not bad. I would've taken another pass on it, but I would've done that for most trade books, too. I've sold or given away over 90% of the books I've bought, and that doesn't count the ones that never made it out of the bookstore. And all of those were trade pubbed.
While I can't wrap my head around the idea that I'd be able to write anything worthwhile at a book per month pace, I can see myself getting up to three-four books a year as my skills improve. Until that happy time, my standard is that I only want to publish something if I think I'll still be proud of it in ten years.
For whatever reason, I get off on making things beautiful. My garden. Buying an unloved house and restoring it is something I love doing, although for obvious financial reasons, I can't engage in this activity as much as I'd like. But that attitude is what I bring to my books.
Editing is really my biggest problem when it comes to writing, and feel free to suggest solutions, please, anyone. Right now, my drafting is finally to the point that three beta reads will get it done, but that's not any three random beta readers. If you pop into SYW and pick three excellent LBLs, you'll have an idea of the level I'm talking about. Most of my beta readers come from the SYW boards, and the one who doesn't used to be a trade published author who's very articulate about story, line edits, and proofreading.
When I'm beta reading, I crawl into that story and poke and prod until I lose the will to live. Then I take my dogs for a walk and do it some more. This is no superficial fixing of commas and catching a few weak verbs. This is throwing my whole self into what I can do to make this story that someone has trusted me with better. I'm going to give them everything I have. It's their job to sort out what they can use and make sure they keep their voice along the way. And the reverse is true.
But all this takes time--lots of it. You're doing everything twice. Because as soon as I'm done with their book, then it's time to incorporate their critique into my work, and that part is always hard, at least for me. Again, every word goes on probation. I have mental arguments with myself. Sometimes I say "Screw it--I love that phrase, and I'm keeping it." But doing that takes courage. Not only is it mentally draining, but incorporating critique is emotionally draining as well, at least for me.
Anyway, in terms of money, I don't think you could pay me enough to do this. I only do it for my particular form of reciprocal love. Editing an 80k novel takes me two weeks (I just finished two, so this info is pretty current.) I would LOVE to find someone who I could just send money to and they would perform this service for me. Our construction business actually does fairly well, and I've got a couple of rental houses out of the house-restoring hobby. I can't afford to waste much, but money's not a huge concern.
Maybe some day my writing will reach the point that I'm confident enough in it that I can hire someone. The important thing now for me is to polish until it sparkles. Don't get sloppy and practice the wrong things. Make it beautiful. Hopefully, beauty can become a habit like any other.
To circle back to the main reason I started this post, please don't over-generalize concerning self-publishers. Not all of us have the same system. That doesn't mean that I don't care deeply about producing a a well-written book.
Thanks, and I hope this doesn't come across as too combative. That wasn't my intent.