REO seller addendums you won't be able to change, no assignments, and sometimes restrictions on re-transfer of the property.

In the real estate business, closed, recent comps are your most reliable source for value. 

This document, signed by the seller, is to transfer all the benefits and responsibilities of the written lease to the new buyer.

I dont think there are any banks that would give you 100% LTV, think about it from their end- what security do they have that you will preform if you have no equity in the deal, if things get tough why would you take money out of your pocket if you have no equity, why not just default and walk away.Also if they do have to take back the property they want assurance that they will at least be able to get their money back, which would mean they would need to be under the true value because there will be broker commissions, transfer fees, ect associated with the sale of the property. 

If the owner of record is deceased there are laws in every state or commonwealth called probate that dictate how real estate can be transferred (or encumbered with a mortgage). 

The challenge, as I see it here, is that this is probably a "one-and-done" deal for most all but the most visionary buyers.How does this opportunity rate using the DUST model: (desirability+utility+scarcity+transferability) ?

You can purchase in your name, but you can't transfer it to an LLC without the lender's knowledge.

Stock may be transferred or it can be restricted as to a vote of other stockholders or board approval.

Chris, a drop box won't do much if someone skilled in searches and pretexting wants to locate you.The best was is not to own it, but hold transfer documents and assignments in trust and manage it for compensation by agreement, if you're active, the taxes are the same.

My best advice to someone new is to get a good team of people you can trust, especially a trustworthy, reliable handyman.