Do any VPS providers offer an OpenBSD image?
This is not a supported or convenient way to do your first OpenBSD install. Having a serial console is not necessary, but recommended (in particular, don't forget to configure <real-hw-interface>0, not the em0 that qemu is likely to offer you.) That said, I've done this before on some Hetzner serverauction (bare-metal) box, and the procedure worked fine (as one would expect.)
(Of course, you can run into hardware that OpenBSD doesn't support. Consult the man pages to find what is supported, or just try - server hardware is pretty likely to be supported.)