Renting a Home to Students - Property Mgr or No?

Hi Beavers!

I may possibly be purchasing a home for my student to live in. His grandmother recently passed away, leaving enough money for a down payment and it seems like it might be a reasonable thing to do. Possibly.

Are there any students on here renting from private owners? Or are all rental houses managed by property management companies? Am I naive to think that students are "adult enough" to handle living in a house without me having to have a property management company there policing everything?

Any thoughts or experience are greatly appreciated!