It sounds great on paper but has inherent flaws. 

You'll also need storage space for cleaning supplies, change of linens and towels and small miscellaneous items like a first aid kit, extra batteries, flashlights, broom, vacuum, etc.

There will probably be a paper trail that is public record that someone can follow.

Not discussed enough - even if I don't get great cash flow I'm capturing 15-25% equity at the buy (increasing net worth on paper).

There are some mold remediation companies that offer "mold certificates" or "mold warranties", but my guess is that these arent worth the paper theyre printed on.

A typical turnover can be a month or 2 of vacancy and $2-10k in make-ready costs (cleaning, paint, flooring, appliances, towel racks, vanities, etc. that gets beat up and broken norma wear and tear). 

Having the other heir sign a quit claim so the paper trail is bulletin proof.

Agent is also responsible to disclose to VA seller that they will lose a percentage of their eligibility and the loan might show on their credit after the fact.Servicer isn't set up with lots of staff processing so the buyer needs to turn in their whole financial history for the past two years in one email, don't trickle in papers they get lost.

The only time I ever deal in paper is when I close and my mobile notary comes to have me put ink on trees.

One of those provides direction, the other manages every aspect of the business to include who sweeps and mops and what paper to order for the cash registers.