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You should be given details of applicants, and should have the final say.

Forgot to say in my post, that I agree that engaging a PM to find the tenant, do the checks and leave you out of that part of it could be a good idea when the IP is in your back yard. It removes you from the "why didn't you pick me?" scenario and allows checks to be done that private landlords...

I've always self managed, and would do the same with GF (if we had one). The insurance comment is not valid. I've never had trouble finding an insurer who will not insure our self-managed houses. In fact, I've only ever had one insurer who wouldn't, which was Terry Scheer and that has changed...