I’m NOT interested in getting involved in any shady business!  

So they are being managed for free, although we are heavily involved in everything. 

If you're goal is to learn as a passive investor, it is definitely possible, but you won't have much day-to-day involvement in the deal, as I am sure you are well aware of since you're currently an investor in a deal.

Also it is a violation of contractor law in most if not all state for a GC to pull a permit for you without otherwise being involved in the project.

As someone said - first thing to do is get her affairs in order if you haven't already and have DPOA's set up for finance and health if 2 people will be involved or just one for all affairs - definitely consult an attorney and get everything in writing - if your family goes and invests her money and you lose it or there are not checks/balances and someone is essentially embezzling money you're asking for trouble and can cause her all sorts of issues.  

I like being involve in the local community and sharing experiences.

How do I find a mentor?

Emotions shouldn’t be involved. 

Perhaps if you really want to get involved with real estate you might want to consider looking into a REIT rather than physical properties so you can be hands off. 

You should NEVER involve the seller in ANYTHING after the sale, other than seller financing.