Selentium Select2 Dropdown Menu's -

please can you help? I'm having an issue where I cannot select the ID or items in the select2 drop-down menus using selentium.

 driver.find_element_by_xpath("//select[@name='propertymanagementtype']/option[text()='Managed let']").click()

HTML code

<select name="propertymanagementtype" id="propertymanagementtype"><option selected VALUE=1>Managed let<

I receive the error messages - Element is not currently visible, but yet clearly exists within the framework. The web application I'm using has Select2 installed. I asked on selenium boards as to why select2 is having issues when I'm trying to create selenium scripts. If anyone knows how to bypass this please let me know.