Today, it's $1,850 EACH.I also like to use the disclaimer that Past Performance is NOT indicative of Future Performance.However, people need to use their Intellects to take into account ALL the parts of a Real Estate Investment, including Cash Flow, Appreciation, Mortgage Balance Reduction and Tax Savings.For the above property, the appreciation rate was 12.26%.

College doesn't turn a below average intellect student into a superstar employee.  

Every one of my properties that I had bought in the 90s and early 2000s look GREAT.... but there are always peaks and throughs.I buy in Localities where the peaks always exceed the previous peak in with shorter time frames.I also use my intellect to tell me what deals are good for the future... for instance, buying a property where there will be a train station that will open and take people into the City for work in a short period of time.I fully believe if you dig deep into education in all ways, you will notice the above and other reasons to follow particular strategies which will offer your protection against market timing as well as a hedge against a bad deal.Maybe Phoenix is more like NYC?

Completing college shows intellect curiosity and drive.

What Legislation is being supported and likely to pass (for instance, rent control legislation will have a huge negative effect), etc.I am a proponent of using your intellect to have a vision of the next 10 years.Afterall, Squirrels know that if they don't gather than nuts and bury them for the future, they will die by the time the Winter is in full swing.If a simple Squirrel can calculate for the future, why can't we?

If you have the money, the drive, the intellect but just don't know where to go and you want to grow fast, I would probably recommend you to invest some money and join a program/mastermind.

Would consider meeting up with investing agents or going to a meet up in my area to further my real estate intellect.

I do use brokers, lenders, intellect, and persistence though. 

They point to the fact college grads make more money, but they don't adjust for the skills required to graduate from college, such as self discipline, motivation and intellect.  

Let us explore the synergy between intellect and investment, transcending transactions to cultivate a legacy of astute real estate endeavors.