Co-listing is where the whole system started. Instead of buying or renting anything, students partner directly with property owners and manage their listings on Airbnb, earning a cut of every booking, typically 20 to 30 percent, while the owner keeps the property. Shaun built his own business this way, starting with almost no capital and no properties of his own, and has since generated more than $5 million in booking fees and hosted over 3,000 guests through the model. Because it doesn't require rent, a mortgage, or upfront cash, co-listing is where nearly every 10XBNB student begins.

Rental arbitrage is the next step up for students who want more control. Here, you lease a property directly from a landlord, with their permission to sublet it as a short term rental, then furnish and list it on Airbnb yourself. The program teaches the actual pricing and listing formulas used to cover rent and other costs first, so students understand exactly what has to happen before a property becomes profitable, rather than guessing at the numbers and hoping the math works out later.

Property acquisition is for students ready to actually own real estate and run it as a short term rental. This pillar covers the full path, from financial modeling and realistic revenue projections before a purchase, through the loan and financing process, to the operational standards that keep a listing performing well enough to earn Airbnb's own Superhost status. It's the most advanced pillar in the program, built for students who've already proven the model through co-listing or rental arbitrage and want to move from managing other people's properties to owning their own portfolio.