Issues like....How is the income split.Who's name goes on the property.Who pays for taxes, insurance, maintenance.

Is the rent covering the taxes and insurance as well as the maintenance?

Usually $2,800-$3,300, then you add the prepaid items such as insurance, taxes, etc..I can give you the names of two lenders that can do the loan.

There are of course (sneaky) ways to inspect the property without tenant being aware of the sale discussion (posing as insurance agent etc), however I do not want to run this business in a sneaky way, and even create a perception of being scam-y or sneaky with the customers... 

These are my standards with every home I buy/sell.The best way to minimize you risk is to buy more expensive properties, that may have lower returns (on paper) than the cheaper homes.$800 + rents seem to have less issues.

What are implications for maintenance, taxes, insurance?

It's not market standard yet so it's still an emerging trend.

For a purchase: the lesser of current leases in place, or appraised market rents, is used.It's not a separate appraisal, it's just an "add on" to a standard appraisal. 

                   ~ parking lots and sidewalks shoveling ~  Contractor must be insured

I have been working in the insurance industry for almost 10 years.