No. We take all the management responsibility in terms of collecting rent, ensuring the house is maintained properly, and administering the legal agreements with residents. We will give you regular updates including a 6-monthly full, open and transparent accounting of the finances and condition of the house and, within the bounds of tenant confidentiality, how the tenants are doing. We'll have a coffee with you regularly if you so wish (and are local) and give our commitment to complete honesty in our dealings with you. We carry out, at a minimum, a monthly check on each house. There are no management charges to you as the investor (unlike renting through a commercial letting agency!).