Especially since this is done formally, in writing.

Well - having the lowest barriers to entry (no license or degree or formal ed requirements) and lowest capital requirement (no or not much money available) coupled with guru hype of quick and easy riches from your living room in your pajamas- no wonder it's a sought after niche!  

And you've been taught to believe, all your life, that your formal education is a big, huge, gigantic, critical part of that.

The formal rules of evidence shall not apply to the introduction of evidence at this hearing, but the court may look to the formal rules of evidence in determining the weight that it shall give to the documentation presented by each side.

I also was rapidly able to grow my local network since I had a formal relationship with an established player.  

@Derrick Reyes it's usually not real formal.

You might have a hard time with such a small property, but if you would ever want a formal quote and go over submetering I would be happy to do so. 

Even throughout my formal education years, we never discussed “why” we were learning certain things or even what we were supposed to do with that knowledge.

The argument I’m making is that about 40% of college students drop out at some point during their formal schooling(educationdata.org/college-dropout-rates) That being said, they still have to pay the loans, however, they would have nothing at all to help them pay back their loan whereas the real estate students have a home that the bank could seize if EVERYTHING goes wrong or at least some steady cash flow to pay it back.

I guess the point is build your empire on a solid foundation of education and application (whether it's in a formal setting or by absorbing the resources at your fingertips), use principles that have stood the test of time (earn, pay yourself first and be charitable) and fall forward every chance you get.