Perhaps it is for the best though, this way I think there will be less risk of me entering into a deal without having done my proper home work. 

Also watch out for rules that would impact your tenancy i.e. no rentals with short term leases or leases less than 2 years, or no renting out individual rooms, or no rentals to individuals with different last names.  

One of my life philosophies is that "Givers Gain and Takers Lose" When you enter a deal as a giver and the other side sees that, they are more inclined to be a giver too.  

For more on disqualified individuals, see the following. https://www.irs.gov/retirement-plans/retirement-plan-investments-faqs

I also want to build a great network of like minded individuals who want to help each other profit and prosper together in real estate investing!

The reason they do this is because individuals buying a small piece of land with a house on it, or with the intentions of building a house on it, are usually looking for a lower price point home and are not looking to invest by owning the minerals as well.

Question: would the capital gains tax be calculated individually after the profits are disbursed, or do I have to process that prior to disbursement and subtract out the estimated tab amount?

Another great tool for comps in Denver is renav.com, subscription based but comps are free - scroll to the bottom of the page, enter an address an click comps.

You can, however, have another unrelated individual with a SDIRA lend to your LLC from their SDIRA.

Mike Murray Hello an Welcome to BP Sounds like your on your way to a great Start and Yes this one Place to Learn an Network with Like Minded Individuals see you around an Good Luck.