Invest In Florida question OUT OF STATE INVESTORS

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I am looking at REO's in Florida and there are many 2 bed 1 bath homes with not much work I can buy for 20k. Areas I am looking in are st. pete, tampa, orlando and anything except miami/dade county. Also trying to get more inland because of the hurricanes and insurance being high. I am looking at sales prices of these houses in 2007 and they are 80-90k. I can get the money to buy one cash, but would it be safe to use a PM company? Is this possible or is this something that many people on here don't do? The way I look at it is I can still cash flow and will definitely use the house as apperciation or a vacation/2nd home for myself if it wasn't rented immediately or etc. thanks