⚠  DRAFT — REVAMP IN PROGRESS  |  Modules 1–2 rewritten Oct 2, 2026; Modules 3–10 still show the original September 2026 material. Items marked [CONFIRM] await Dustin. Not for distribution.
Educational material only — not legal, tax, securities, or investment advice. Check with your own legal and securities counsel before raising capital or making any offer.
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M1 deliverable template — redesign to 80% visual / 20% descriptive
CO-LIVING 401: CLAIM YOUR TERRITORY
Co-Living Developer Apprenticeship  |  OC Members Only  |  10 Modules + Weekly Labs
Class TitleCo-Living 401: Claim Your Territory
Course TypeCo-Living Developer Apprenticeship
CommunityOwners Club (OC) Only
Format10 modules, 40 minutes each  |  Live Lab (Zoom): one Lab per every two modules -- instructors and students review deliverables and discuss progress together (Labs: M1–2, M3–4, M5, M6–7, M8–9, M10)  |  Apprentice Field Trips: 1 required for White Belt graduation + 2 additional during Blue Belt (Houston, TX -- min. 1 Pre-Drywall overall; Live Lab counts as one field trip)
Lead InstructorsDustin Geroski, Jim Vani, Kaipo Cordeira
First Class DateTBD
Final Class DateTBD
The Co-Living Developer Progression
WHITE BELT
Co-Living Co-Developer (First Deal) — Co-Living 401
Learn co-living development from inside your first deal. Graduate by closing one deal: buy it yourself, buy it with a partner, or find the buyer (most White Belts find the buyer).
BLUE BELT
Active Co-Living Co-Developer
Your second deal and beyond, with more independence. Buying property or keeping equity is optional. [CONFIRM: course number + enrollment]
GREEN BELT
Org Chart & Seat Mastery (new)
A new course after Blue that goes deep on the full org chart: how every seat runs and the KPIs each seat owns. [CONFIRM: course number + entry rule]
BLACK BELT
Market Partner (Invite-Only)
Lead a metro. Buying is optional, but you make the deal happen: if you don't buy it, you find the buyer. [CONFIRM: course number + entry criteria]

Class Transformation
The goal of Co-Living 401 is to put you on track to become the trusted co-living market expert for your territory. That is the transformation. Co-living development is the vehicle. White Belt is your first deal: you learn the process from inside it and earn a development fee when it closes. White Belt graduates on one closed deal -- bought yourself, bought with a partner, or sold to a buyer you found. Blue Belt is your second deal and beyond: expanded responsibility, with buying property or keeping equity as an option, not a requirement. Green Belt then goes deep on the full org chart, and Black Belt leads a market. Every belt involves building capital relationships, project managing, and co-developing. The distinction is responsibility and independence -- and the skills, relationships, and credibility you build along the way are what make you the go-to co-living expert in your market.
By the End of This Course, Participants Will:

The Belt Ladder

Co-Living 401 is White Belt. Blue, Green, and Black Belt are shown here so every participant understands the full progression. Buying property or keeping equity is optional at Blue and Black.

WHITE
BELT
  • Co-Living 401 -- Co-Living Co-Developer (First Deal). Learning by doing: the education happens inside a real deal from day one
  • Graduation rule: close one deal -- buy it yourself, buy it with a partner, or find the buyer (most White Belts find the buyer). Closed = purchase contract signed and wire sent, with you as the primary point of contact
  • The path to it: module workbooks + market ebook built and distributed + office hours started + 1 Apprentice Field Trip in Houston, TX [CONFIRM: which of these remain formal graduation requirements]
  • Earns a development fee at closing [CONFIRM: still the White Belt compensation] (Home market: Houston, TX)
BLUE
BELT
  • Your second deal and beyond -- more independence, more responsibility
  • Buying property or keeping equity is optional
  • Limited enrollment: 1 cohort per quarter, 10 spots [CONFIRM: per cohort or total; Blue Belt entry and graduation criteria under the new ladder]
GREEN
BELT
  • New course after Blue Belt that goes deep on the full org chart
  • How each seat runs, what each seat owns, and the KPIs each seat is measured on
  • [CONFIRM: course number, entry rule, and graduation rule]
BLACK
BELT
  • Market Partner for a metro -- invite-only
  • Buying is optional -- but you make the deal happen: if you don't buy it yourself, you find the buyer
  • Above Black Belt, the long-range org chart shows regional leadership seats (Cluster Lead, Regional Managing Partner) [CONFIRM: keep in the student-facing ladder]
  • [CONFIRM: course number and entry criteria]

White Belt Pillars

White Belt builds four lifetime assets: your first closed transaction, the capital and client relationships you develop along the way, the authority and credibility you establish in your market, and the repeatable systems you build for deal flow. The five pillars below are what make those assets real.

1This Is Where You Begin Learning. Not Where You Prove What You Already Know.White Belt is not an expert program. You do not need construction experience, rehab knowledge, or a background in building to start. This is the entry point into co-living development. The expertise comes from doing it from inside real deals.
2Your First KPIs Are Social Posts and Live Events. Hit Those Before You Try to Hit Anything Else.The White Belts who fall behind have one thing in common: they go quiet. No social presence, no events, no visibility in their market. Your marketing activity each week is how clients find you and how your reputation as a co-living developer starts before you ever close a deal.
3You Earn a Development Fee. Not a Commission. Know the Difference.White Belt co-living developers earn a development fee on their first deal -- structured into the deal before it closes. This is not a commission. It is developer income. Know how it is calculated, how it is explained, and why it is different from anything you have earned in real estate before. From Blue Belt on, equity is an option, not a requirement. At White Belt, the development fee is your income milestone.
4Every Transaction Is a Co-Living Development Education. Be Present for All of It.Your education happens inside an active deal. The capital structure, the decisions, and the handoffs teach you how co-living development actually works -- while you are earning income from the same deal. By the time your first deal closes, you have a track record and a template, not just course knowledge.
5One Closed Transaction Is the Graduation Requirement. Modules Don't Graduate You. Deals Do.White Belt graduation is one closed transaction: contract signed, wire sent -- whether you buy it, buy it with a partner, or find the buyer. Completing modules builds your knowledge. Closing a deal builds your track record. You need both, but only one of them moves you to Blue Belt.
Blue Belt Pillars

The 10 non-negotiable truths, skills, and lessons every Blue Belt Active Co-Developer must operate from.

Draft note: buying property and keeping equity are now optional at Blue and Black Belt. Blue Belt Pillars 1, 3, 4, 5 and 10 will be revised when Blue Belt is rewritten.

1At Blue Belt, You've Proven the Model. Now Build the Portfolio.Your first deal proved you can do it. Blue Belt is where you go from one to three. You now earn a development fee and hold equity in what you build -- the income structure reflects that you are no longer learning the process, you are running it. Three deals in motion -- three contracts signed, three wires sent, three pieces of land closed -- is what earns the Black Belt invitation.
2Capital Is Raised Before the Deal Closes. Not After.Private investors do not fund surprises. They fund deals they understood before they committed. Your capital raise is built through education, relationship, and a fully underwritten deal structure — all of it in place before you close.
3At Blue Belt, You're Building a Portfolio. Not Just Closing a Deal.White Belt is your first deal -- you earn a development fee and learn the process from inside it. Blue Belt is your portfolio -- you now hold equity in every deal alongside the development fee. What else changes: the expectation. At Blue Belt you are not asking how this works. You are asking how to run three deals simultaneously -- contracts signed, wires sent, land closed -- with the right team and capital lined up before you need it.
4Equity Is Negotiated. Not Assumed.A Blue Belt co-living developer does not receive equity because they showed up. They negotiate it into the deal structure, with the client, with the capital partners. At Blue Belt, the Profit Share Blueprint shows how equity is structured and split. That is the tool that makes the equity conversation concrete. The three co-living builds are what make you credible when you have it.
5Three Deals in Motion Is the Milestone. One Deal at a Time Is the Path.Black Belt is earned after three deals in motion -- three purchase contracts signed, three wires sent, three pieces of land closed, in addition to all White Belt graduation requirements. That is the requirement. The path to it is simple: one deal at a time. Do not look for shortcuts past the work.
6Brand Building Is How You Attract Capital.Capital partners do not fund strangers. They fund co-living developers they have been watching. Your ebook, your social presence, and your ability to pitch a co-living deal all serve one function: making you the obvious choice before the investor has to decide.
7The Blue Belt Co-Living Developer Builds a Team, Not a Job.You do not scale by doing more yourself. You scale by installing systems and people around you. The Co-Living Development Operating System from Module 7 is not optional at Blue Belt. It is how you manage three builds at the same time without losing one of them.
8Project Updates Are Investor Relationship Tools. Treat Every One Like It Matters.Every few weeks you receive photos, videos, and progress updates from the active build. Blue Belt co-living developers who thrive convert every one into a professional investor update — explaining the milestone, what it means, and what comes next. The ones who don't miss the easiest relationship-building opportunity on the entire track.
9Learn the Build by Being Inside It. Site Visits, Milestone Updates, and the Trades Are Your Curriculum.Blue Belt co-living developers learn co-living construction from the inside: what each major inspection is called, what each trade is responsible for, and why each milestone matters to the timeline and the capital partner. When the team is on-site, you are encouraged to be there. The photos and updates are your weekly coursework. The site visits are your classroom.
10The Blue Belt Track Is the Proof That Earns the Black Belt Invitation.Black Belt is not a promotion. It is an invitation that opens after you have proven yourself through three completed land closings with deals in motion. The Blue Belt track is not a prerequisite. It is the proof itself.

Module Overview
#LeadModuleWhat You Will LearnFrameworkDeliverable
1Dustin
hosts all sections
The Path and the Mindset: Your Place in the PlanOpinion vs. belief vs. conviction, Kaizen, 20% how / 80% why. The big picture: our purpose, the 10-year vision, the belt ladder (White → Blue → Green → Black), where you fit in the org chart, and the one-deal graduation rule. Co-Living Leadership Core™, CliftonStrengths + AI seat-mapping, our core values, and the capital mindset (from the original Module 6).The Co-Living Keystone Framework™White Belt Commitment (3 reasons + first 3 network conversations) + My Graduation Path + Where I Fit + Co-Living Leadership Core™ chart + cost-of-inaction sentence  Open Template ↗
2Dustin
hosts all sections
Claim Your Territory: The Market Ebook & Your Capital PipelineThe 5-use authority asset, picking your territory (metro, then one zip code or a 3-mile radius), securing 3 sources, the 15 market research questions, building and distributing your ebook. Plus the capital relationship pipeline (Educate → Nurture → Route, folded in from the original Module 6, with compliance guardrails) and using Grok Bot for research, pipeline and follow-ups.The Territory Authority Framework™Territory selected + 3 sources interviewed (with consent) + 15 questions answered with sources + chapter outline + interviews posted + CRM with buyer / capital-relationship tags + capital relationship pipeline + routing log  Open Template ↗  View Funnel ↗
3Jim
Kaipo: FW+Obj
Dustin: CTA
The Co-Living Capital StackWhy new construction over conversions, the 6 layers of every co-living development deal, how each layer works, and how to explain the deal structure to a client.The Co-Living Capital Stack™Capital Stack Diagram (visual 6-layer stack, one plain-language sentence per layer, presentable from memory)  Open PDF ↗
4Dustin
Kaipo: Obj
Jim: Recap+CTA
The Profit Share Blueprint8-step Profit Share Blueprint calculator: inputs through equity partner returns. Apply it to a real or hypothetical deal.The Profit Share Blueprint™PSB deal analysis + Client Presentation Stack  Open Template ↗
5Dustin
Jim: Obj+Recap+CTA
The 90-Day Game PlanSequenced 90-day structure for White Belt completion: three phases tied to modules, daily calendar mastery, Live Lab attendance, and compounding vs. scattered effort.The White Belt 90™Written 90-Day Game Plan (Phase 1/2/3 milestones with dates) + 90-Day Game Plan Checklist  Open Checklist ↗  View Funnel ↗
★ BLUE BELT APPLICATION VIDEO -- Submitted by candidates after completing Modules 1 through 5. Candidates record a short video covering what they learned in the White Belt track and why they are ready for Blue Belt. The team reviews all submissions and selects candidates for the next Blue Belt cohort.
BLUE BELT BEGINS — Modules 6 through 10
6Dustin
Jim: FW+Recap+CTA
Kaipo: Obj
The Capital Attraction System: Raising Private MoneyBlue Belt entry: owner mindset and equity awareness. Then: brand building, investor pipeline, and converting qualified contacts into capital partners.The Capital Attraction System™The Capital Attraction Playbook (Investor Persona, Pipeline, 90-Day Campaign, Raise Window Plan + Outreach Templates)  Open Template ↗  View Funnel ↗
7Kaipo
Dustin: FW
Jim: Obj+Recap
The Operating System: Building Your Co-Living Development TeamEOS for co-living development teams: seats, L10 meetings, scorecard, 90-day rocks.The Co-Living Development Operating System™Co-Living Development OS Starter Kit  Open Template ↗
8Jim
Kaipo: Obj
The Build: Setting Up for SuccessHire and vet a GC, contract structure, milestone management, and budget control before the project starts.The Builder Management System™ — Part 1Builder Setup Package  Open Template ↗
9Jim
Kaipo: Obj
Dustin: CTA
The Build: When Things Go WrongContractor fraud and abandonment, mechanics' liens, draw controls, permit delays, change order abuse, and investor communication when problems arise.The Builder Management System™ — Part 2Problem Management Kit  Open Template ↗
10Dustin
Jim: FW
Kaipo: Obj+Recap
LD: CTA (Guest)
Three Builds, One Track RecordClose 3 pieces of land with 3 deals in motion, 3 contracts signed, and 3 wires sent -- plus all White Belt requirements -- then qualify for the Black Belt application.The Territory Build Track™Three-Build Progress Dashboard + Black Belt Application Checklist  Open Template ↗
Proposed White Belt Module Map (Draft)

One host per module, running every section. Dustin hosts all capital-raising content; Jim hosts the capital stack and construction; Kaipo hosts operations / EOS. Modules 1–2 below are rewritten; Modules 3–10 below still show the original September material. [CONFIRM: final module count, order, and hosts for M4 and M7]

#HostModuleWhat it coversBuilt from
1DustinThe Path and the Mindset: Your Place in the PlanConviction, purpose, 10-year vision, belt ladder, where you fit, graduation rule, Leadership Core™, core values, capital mindsetOriginal M1 + M6 Part One
2DustinClaim Your Territory: The Market Ebook & Your Capital PipelineTerritory, 3 sources, 15 questions, ebook, Educate → Nurture → Route pipelineOriginal M2 + M6 Stages 1–2 (compliant)
3JimThe Co-Living Capital StackWhy new construction; the 6 layers; worked hypothetical deals through the stack; explaining it to a buyerOriginal M3 + Bonus M3
4DustinThe Profit Share Blueprint & the Buyer Conversation8-step Blueprint; walking a buyer through the numbers; what can and cannot be said about returns (counsel-reviewed)Original M4 + M6 presentation material
5JimHow the Build Works: Land to COTVE's build line, milestones, inspections, what you verify vs. what TVE controls, buyer-facing build updatesPulled down from original M8–M9 (condensed, reframed)
6KaipoYour Operating System: Seats, Scorecard, L10Leadership Core™ in motion: seats, 5-number scorecard, L10, IDS, 90-day Rocks for a one-person teamPulled down from original M7 (essentials)
7KaipoThe 90-Day Game Plan to Your First ClosePhases, daily block, Live Labs, Houston field trip, the one-deal graduation rule as dated RocksOriginal M5

Bonuses: 1.1 Mindset & Legacy Wealth (LD) after M1 · Field Trips & Workshops before M7 · 5.1 The Middle (LD) before the Blue Belt application. Left for Blue Belt and above: advanced capital attraction (Dustin, after counsel review), build problem management in depth (Jim), the three-deal track (Dustin). Green Belt: the full org chart, every seat and its KPIs (Kaipo).


Module Outlines

Course Workbook

All 10 module deliverables in one place. Complete each section during or after its module. Bring this workbook to every Live Lab.

Student:  
Belt:  
Market:  
Start Date:  
MODULE 1 The Path and the Mindset: Your Place in the Plan White Belt Commitment + Leadership Core™ ▼
MODULE 2 Claim Your Territory: The Market Ebook & Your Capital Pipeline Territory, Ebook & Pipeline ▼
MODULE 3 The Co-Living Capital Stack Capital Stack Diagram ▼
MODULE 4 The Profit Share Blueprint PSB Deal Analysis + Client Presentation Stack ▼
MODULE 5 Client Development: Deal 1 Prep Warm-Up System Kit ▼
MODULE 6 The Capital Attraction System Capital Attraction Playbook ▼
MODULE 7 The Operating System Co-Living Development OS Starter Kit ▼
MODULE 8 The Build: Setting Up for Success Builder Setup Package ▼
MODULE 9 The Build: When Things Go Wrong Problem Management Kit ▼
MODULE 10 Three Builds, One Track Record Three-Build Dashboard + Black Belt Checklist ▼
BONUS INTRO Intro Video Script — Podcast Style Rich · Dustin · Jim · Kaipo · LD · 11–13 min ▼
BONUS M3 The Capital Stack — How It Developed Dustin · Jim · 8–10 min ▼
BONUS M6 Live Capital Raises — The Real Story Dustin · Jim · Kaipo · LD · 10–12 min ▼
BONUS M10 The First Walk — How This Course Was Born Dustin · Jim · Kaipo · LD · 9–11 min ▼
BONUS Field Trips & Workshops — Learning on Live Ground Dustin · Jim · Kaipo · LD · 10–12 min ▼