Currently, funding seems to be our biggest hurdle in acquiring real estate. 

My wife being Mexican may facilitate the process of acquiring properties however we are not familiar with much of the real estate process in Mexico.

I manage it all with linked Excel spreadsheets and do my own taxes with TurboTax.Keep it simple and use the time and expense saved to get away from your desk and acquire more properties.

With school loans being 6% interest or less, I have no idea why anyone would first pay them off when the funds could be used to acquire investments making many times over 6%.

Since you've owned your other rental for 4 months - you could also look into doing a cash out refinance to help you acquire this one.

Tenant B, the upstairs tenant, complained a couple of weeks ago that tenant A was smoking cannabis on the patio (it is explicitly against the rules of the house and is in the lease).

I am looking at acquiring two bed and breakfasts whose prior owners did not keep good records or shut down because of Covid. 2M and 3M sale prices.

They've simply created a legal entity in which they are the general partner to raise capital and then place that capital in the investments of other operators.What the operator is likely saying is that you did not invest in the direct real estate investment offering, you invested in a llc/partnership that invested in the operator's direct real estate investment llc/partnership to acquire the property.

Specifically, is there a statistical difference in the likelihood of actually acquiring the physical property versus simply earning interest on the debt as a financial investment?

A lead is a person that expressed explicit interest in acquiring your product or service.When a prospect fills in your form of their own accord, THAT is a lead.So before I answer, what do you call a "warm" lead?