This should work with any other ISO, however I tested only with CentOS 8.
lsblk
umount /dev/sdb1
fdisk -u /dev/sdb
> d
> d
> w
# apt install qemu-kvm
4) Download your ISO - usually Rescue Mode has ver little space so you may want to download NetInst/Minial ISO:
# wget http://mirror.ox.ac.uk/sites/mirror.centos.org/8.0.1905/isos/x86_64/CentOS-8-x86_64-1905-boot.iso
# qemu-system-x86_64 -netdev type=user,id=mynet0 -device virtio-net-pci,netdev=mynet0 -m 2048 -localtime -enable-kvm -drive index=0,media=disk,if=virtio,file=/dev/sdb -vga qxl -spice port=5900,addr=127.0.0.1,disable-ticketing -daemonize -cdrom /tmp/CentOS-8-x86_64-1905-boot.iso -boot d
# ssh -4 -v root@<your_vps_ip> -L 5900:localhost:5900
# remote-viewer
> spice://127.0.0.1?port=5900
Note: Since you downloaded Minimal/NetInst image, you need to configure source installation. For CentOS 8 I used:
a) http b) repository URL c) mirror.centos.org/centos/8/BaseOS/x86_64/os/
# cat /etc/redhat-release
CentOS Linux release 8.0.1905 (Core)