I've been flying various forms of RC aircraft for 40 years and if there's ONE thing I learned in all that time is to NEVER sand on ANY part of a prop. That prop's strength is the result of a lot of complicated design parameters and doing ANY sanding will alter that. Furthermore, when you remove material from a prop, you invariably compromise the structural integrity of it. Why take such a risk?
I have found that applying a small piece of vinyl electrical tape folded over the LEADING edge of the prop is all that's usually required. On the remote chance of it coming off in flight, you're no worse off than you were to begin with. Even when I was flying very high speed, high performance nitro engined planes, I NEVER had a piece of tape come off.
Just my 2 cents worth.
YMMV