I couldn't agree more.
Often I encounter potential buyers who are looking for a "cash cow" with little or no effort on their part to invest time into the business. -- The proper investment for them is the stock market (or, maybe, very passive real estate), not a small business.
Never have I seen a truly "absentee ownership" operation in the small business marketplace. While one may find a "4-hour work week" SEMI-absentee business, even those require more time and talent from a new owner than is often apparent to the prospective buyer.
So, Mr./Ms. Buyer, when you see "absentee ownership" in an ad, be wary and be skeptical.... and do extensive detailed due diligence inspections. You might find a rare gem, but you are most likely to find a lead sinker.