Please Comment on This Idea: How to Make Money from Web Design, Outsourcing EVERYTHING

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So, just an idea, please tell me what you think about it.

I'm thinking of trying to attract people who have an eye for design and perhaps have a bit of experience from photoshop, gimp or the like, tell them that if they can find customers and do the design for a web site, I'll handle everything else, they keep the money.

So basically what I'll do is I'll open a cheap reseller account, send their design to some psd->html slicer in india or china and then I'll install a cms for them.

The designer can charge the customer whatever they like, and I'll bill the customer something like 75 bucks a month, charging them annually. The slicing and hosting fees can be very low. If the customer keeps the web site for say 3 years, that's an easy 2,5k or so for me! In essence I've outsourced pretty much every step - from finding customer, doing the design, the coding and hosting. I only act as an interface.

Does anyone do this?

The hard part of course is finding designers, but I think quite a lot of young people and students know their way around photoshop enough and would love the extra money.
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