To borrow somewhat off of Bill Gulley's post ... some other options could be for the borrower to add collateral (additional equity via tracts added to the deed of trust) or to add other compensation (e.g. profit sharing) to get the deal more in balance. 100% of purchase price on a really good deal with good terms for the lender may be an acceptable risk.

But, obviously, I would want to know everything that I can.I can read this book in a few days and digest all the information, but that doesn't solve my problem of how to BUY a hotel?

Since I am new to subject to, I will have to read your post a few times to digest. 

A couple years back my aunt and uncle sold out a large tract of land to the sand mine.

Please send me the hospitality tracts you have.

Ok, truth be told, I'm more confused than when I originally asked the question but I still appreciate all of the great feedback and am working to digest it all.  

It makes sense for the most part, but it’s a lot to digest.

I also bought quite a few 20 40 80 acre tracts and would bust them up as well.. it was pretty cool because in Oregon logging permits are a snap.. you dont need any county grading permits to bust in your logging roads so say I had a 20 acre that I was going to short plat into 4 5s we would put the road in the logical spot for each parcel future access and then put a few landings in the logical spot for the homesites all under logging permits saved THOUSANDS .. then sell off the lots..

I've recently put under contract a small 4 acre tract for $10K/acre for a builder, but it was all road frontage and he is going to put 5 homes on it, so as long as the perk test comes back solid that would be a sale we could point to...happy to help in any way that I can, give me a shout.

I've been reading a lot in my free time and trying to digest as much as I can, the main hurdle I have had has just been taking that first step and making something happen.