While your tax consideration is inconsequential because they would all go to your personal tax returns anyways, from a legal standpoint, we would point out that this approach would have you in a similar position as if you had all these properties and business owned in your personal name.I know there's a LOT of contradictory commentary on BP and the interned regarding LLCs and what they do and what they don't...one easy thing to keep in mind is that for tax purposes, the IRS doesn't recognize LLCs...tax treatment is either a sole prop, partnership, or an S-Corp. 

Pro:cheaper to create and maintain (state fee) You can have multiple child LLC on shelve ready to be used for no cost.You can in theory have only one bank account for all the LLCs and only separate them on paper with excellent bookkeeping.Con:Not recognized in all state, and interpretation of their separation may vary in foreign jurisdictionRelatively recent and not a lot of case lawSpecific operating agreement needed and not all lawyers are very familiar with itMay have some issues when dealing with title or banks who are not used to them.May lower some of your anonymity as will link all the series together.I do have some series LLC and also some vanilla LLCs.

But being a part of ALFs is not an easy job since one has to work hard, it can either be done just to earn money or if one is genuinely interested in helping the elderly.

If it doesn't work out at least you recognized a pitch and swung at it.   

She isn't planning to come home, though she has a house here with a mortgage.I genuinely want to help her out while she is still alive, and of course I would have an interest in acquiring her house after she dies (no family to pass it on to that I'm aware of).

We were also named Boston's top startup of 2019, and to HousingWire's Tech100 list, recognizing the 100 most innovative technology companies in the real estate industry. 

Also, when I do claim the rental income on my taxes, I'm told only 75% will be recognized.  

not trying to be rude or anything, just genuinely curious since this has a higher cap rate than normal. 

Take the time to do the homework and to market your offer in a way that the seller will at least recognize it, accept it or counter.  

I’ve been there multiple times on client trips and have a genuine interest in the success of the state.