Is Property Managment company required for out of town owner

[David B.]

I was reading through the landlord tenant guide for Virginia Beach and came across:

Every nonresident property owner shall appoint and continuously maintain an agent
who (i) if such agent is an individual, is a resident of the Commonwealth, or if such agent
is a corporation, limited liability company, partnership, or other entity, is authorized to
transact business in the Commonwealth and (ii) maintains a business office within the
Commonwealth.

This makes it seem like  you have to have a property manager.  I did a search  BP about Virginia Beach Property Managers, and it seems that they are not worth cost of a months rent and 8 ot 10%

Can someone tell me the work around for this issue or recommend a good property manager?