5k a I don’t mind if it takes a few years, and I’m willing to be as actively involved as needed to achieve my goals.

He determined the price and terms for the property, and according to the agents involved, he consulted with accountants and attorneys before signing the contract.

Depending on where the property is and the lender involved, and what he has told the lender, and so on and so on, you handle things accordingly.

As a limited partner, you would be able to participate in the project without being involved in the day-to-day operations, while benefiting from the potential profits upon completion.If this sounds like an opportunity you would be interested in, I would love to discuss further and provide additional details on how we can collaborate.Looking forward to connecting soon.

Then involve a GC once you understand the scope of work.

@Brad Kanouse I have an idea that doesn't involve drawing from your IRA.

I was involved in two small infill developments in Michigan (about 15 houses in total) so two very small parcels. 

It's just not a subclass I want to be involved in, but perhaps you can make it work for you! 

As mentioned by @Chris Mason, Bridge Loans: These short-term loans can provide immediate financing until more traditional financing becomes available or until the property stabilizes and becomes more attractive to lenders.Interest rates and stipulations may be a pain.Out of the box here and requires a few more research, SBA Loans: Small Business Administration loans can be an option, especially the SBA 7(a) loan program, which can be used for hotel acquisitions.I heard someone  mention - Mezzanine Financing: it involves a combination of debt and equity financing, which might appeal to some investors looking for higher returns.

In that case, you’d typically need to file a legal challenge, which could involve going to court and showing that the restriction is unnecessary or unreasonable.The best advice I can give would be to consult a real estate attorney to understand your specific situation and options.