How to manage a property from a distance

[Howie NA]

Up to now I have always been "involved" in my real estate, whether it is maintaining it, managing it, and so on. Now I would like to broaden my horizons and I am thinking of building a commercial/industrial building in another province. Does anyone know anything about hiring a property management company or realtor to manage it? I will not be able to be as "involved" maybe just finding the location/building and visiting the town once a year. Are there any downfalls for putting a management company/person in place?