Find a local realtor that will sell the property when renovations are completed. 

If your leasing application process is thorough and well thought out, and if your lease agreement has been well drafted by your local attorney and if it includes clauses that permit you/your property manager enough latitude to maneuver and anticipate undesirable tenant behaviors, both actions and inactions, and you have operational processes which align with enforcement of your lease, then you've done all you can do to reduce this inherent risk of an undesirable tenant.  

Ultimately, the decision depends on your goals, the local market, and the potential for growth.Good luck!

@Paola Astrid Find the local NARPM (national association of residential property managers) chapter's website and you'll find a list of each professional PM. 

I live overseas and don't have ready access to a local market to research, understand, and invest on my own.

I'd recommend joining local meetups. 

Does that mean the actual manager or a local contact.

Not sure if this is helpful, but I am local to Columbia, SC and have interviewed a few local companies which all seemed horrendous.

I’d suggest checking out real estate networking events (local or online) like REIAs or BiggerPockets.

Reward in RE prices for risk of course.As for horizontal I get mine from local community banks ..