The biggest problems that I see with a towed sled, are quick detachment in an emergency as in getting dragged thru a wreck, etc. and Roll.
Pitch and yaw would be self correcting since it's towed by the nose. It would always want to follow it's tow point. You should be able to affect both pitch and yaw a little bit with the rudder and dive planes but when you let go of those controls, it would neutralize and follow it's tow point.
The one that would cause a problem, would be Roll. If the bottom is round, there would be no planing surface and it would just roll as it wanted. If it had a flat bottom planing surface, you could control it by shifting your weight from side to side. It could just end up spinning like a fishing lure.
What if it had dive planes on the front end so you could have some up and down control and a V tail for dual rudder and aileron control? A V Tail would allow both blades to swing to one side or the other for rudder control but also to twist opposite for aileron control of the roll.