I've done my best to research the process but wanted to get additional guidance.

I am hoping there are better ways to acquire a property then doing this, willing to hear any suggestions. 

Additionally, consider partnering with a HML.

I am still actively acquiring more.

All of the other comments are great, I will just add one piece of additional advice, decide what you want your investment to look like five years from now.

(income taxes)Additionally, the question of whether to hold until death or gift may also depend on the size of your mother's taxable estate and where you believe the estate tax laws to be headed. 

Additionally, during my future engagement with the city, I'd like to know if this project will affect the building process, building code, and permitting process, considering our property is along one of the roads at the heart of this project.I recently saw the news about short-term rentals.

The lease that was signed and sent to me had an incorrect rent amount with an additional clause making me pay for utilities!!

You just shared some additional information concerning the estate's involvement.

Yes, add it in the price.2) I requested for her contract for it to have 10 days of an inspection period.