Unless there is a compelling investment reason to buy it, I think I would choose to save up the extra funds.  

An LLC provides no credence to a given tax position - it is primarily just a means of legal liability protection.

Is your main goal with this property cash flow while providing a home for your mother?

I provided a proper notice of entry for a couple days later and he denied me access. 

A fairly common way that self-managing landlords handle this is to create a company that provides services to your properties.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

Vacancy control prohibits rental housing providers from adjusting rents to market rates when a tenant moves out.

Don't mean to be a debby downer, but want to provide honest feedback.

Your protection is language in your purchase contract requiring the deed provide you marketable title in fee simple and a professional title search and title insurance to cover you.

Check out the sales data on when it was last sold and if it was recent within the last 12-24 months be careful you are not buying something that may be maxed out in current market value.Only way to remedy that solution is to buy and add sqft like extra bed and bath or larger GLA but room counts can be best.