If the answer is no to any of these, don't count on capital being thrown your way.

Or the developer can close on the land at risk but they have a lot of capital when that's the case.  

@Robin Cornacchio correct, there is no such thing as capital gain taxes for an IRA. 

We have some capital and are looking to possibly purchase a small hotel.

Your adjusted cost basis is the purchase price plus capitalized improvements minus depreciation. 

In online forums, the danger I've experienced is the "national" effect. 

It’s great that you’re starting young and thinking about creative financing—that’s key when capital is limited.

Cleveland currently has one of the lowest price/rent ratios in the Nation, with the average home price being $107k and the average rent being $1,416/Mo.

If you could hedge fund managers would quickly outcompete your capital with large swaths of capital.  

However, if your business owns real estate, that portion of the sale may qualify for a 1031 exchange, allowing you to defer capital gains taxes by reinvesting in another like-kind property.