Most people get those to go into academia, not into the business world-MBA works for that.Best advice is once you are done grad school, keep living like you are in grad school and saves as much of the money as you can.I don't know what a $100-150K house looks like where you plan to buy, but if they are the cheapest houses in the area and in rough areas; do not buy them. 

I always enjoy reading people in academia takes on things they've never had to deal with (in the real world) before.

While I was earning them, I thought I would end up pursuing a career in academia.

He is in academia and research.  

My purpose for investing in real estate is to generate a source of passive income and to act as a hedge as I pursue a career in academia.

Anyway, I don't know these STR academy people but I took a look at their website and it instantly reminded me of something from academia (I teach at several universities as an adjunct professor and have a doctorate): "Those that can, do, those that can't, teach".

I am used to having zero free time thanks to academia and now that I have time to think for myself, I have discovered an entrepreneurial itch that needs to be scratched.

Everyone can agree or disagree that IRR is the exactly perfect way to calculate investment returns, and in fact, those in academia, would correctly argue that using NPV to determine total value of investments is a better methodology.

I learned from academia that group studies are quite effective.

It continues to hold true today according to his daughter's research.I didn't used to believe the second statistic. in academia, when I was a humanities grad student, we constantly used to tell each other jokes like, "What's the first rule of life?