A ten-week, instructor-led course that teaches working professionals how to analyze apartment buildings as an asset class: markets, underwriting, due diligence, financing, tax rules, and asset management. Taught live by the co-founders of XSITE Capital.
Begins [Start date]. Seats are limited to 25 so every student can present work in the deal labs.
Each session is a live, 90-minute class with instruction, worked examples, and Q&A. Sessions are numbered rather than dated so the same syllabus runs every cohort; your calendar of dates is sent at enrollment. Recordings are posted within 24 hours.
How multifamily ownership works, the roles in a deal, and how to define your own criteria before you look at a single property.
You leave with: a written buy box (used for the refund-window assignment).
Reading population, employment, and supply data for a metro and submarket. How to compare two markets on the same scale.
You leave with: a completed market scorecard for one metro.
Income, expenses, net operating income, debt service, and the assumptions that matter most. The XSITE underwriting spreadsheet is introduced and released this session.
You leave with: a first pass at a sample property in the model.
Where listings and off-market opportunities come from, how brokers work, and how to screen a deal in minutes before spending hours on it.
You leave with: a pipeline tracker with your first screened deals.
Physical, financial, and legal diligence: what to inspect, what to request from a seller, and how to read a rent roll and a T-12.
You leave with: the diligence checklist and request list.
Agency, bank, and bridge loans; how lenders size debt; what changes when rates move. How to talk to a lender.
You leave with: a loan-sizing worksheet.
Depreciation, cost segregation, passive-activity rules, and the Real Estate Professional Status test as written in the tax code. Taught as education; students are directed to their own CPA for advice.
You leave with: a CPA conversation guide and time-log template.
How general and limited partners are organized, what a private placement is, and what securities rules require. Taught so students can recognize a well-structured deal.
You leave with: a glossary of partnership terms.
What ownership looks like after closing: property management oversight, budgets, reporting, and the monthly review.
You leave with: a monthly asset-management review template.
Students present one underwritten deal to the instructors and receive structured feedback, then finish a written plan for their next twelve months of study and action.
You leave with: a completed capstone and certificate of completion.
Everything is delivered on a fixed schedule so you know exactly what to expect on each date. Nothing in this course is a subscription; tuition is a one-time purchase (or a scheduled payment plan) for a defined program.
| Item | What it is | Released |
|---|---|---|
| Student account and welcome email | Login to the learning portal, your session calendar, and the Week Zero worksheet | Within minutes of enrollment |
| Legacy Multifamily Course | Self-paced recorded foundation course, lifetime access | Day one |
| Ten live sessions | Weekly 90-minute classes with both instructors, recorded | Weekly from Session 1 |
| Two group deal labs | Live underwriting of a real listing with the class | After Sessions 4 and 8 |
| Underwriting spreadsheet and market analyzer | The templates used in class, yours to keep | Session 3, after the refund window closes |
| Deal toolkit | Pipeline tracker, letter-of-intent template, diligence checklists | Sessions 4–5 |
| Tax and REPS starter kit | Recorded module, time log, CPA conversation guide, and the $750 Tax Map reference sheet | Session 7 |
| Spouse Kit | A 15-minute overview of the course for a partner, plus the REPS qualification decision tree | Day one |
| Student community | Private discussion group with instructors and classmates | Day one, through graduation and beyond |
| Certificate of completion | Issued on completion of the capstone | Session 10 |
Both instructors teach every live session. They are co-founders of XSITE Capital, a multifamily real estate firm that owns and operates apartment communities, and they have hosted a free weekly educational session for this community since 2021.
Leslie practiced as a nurse anesthetist at Johns Hopkins Bayview for nine years before moving into real estate operations full-time. He leads underwriting, asset management, and the operations curriculum, and has taught the market-selection and underwriting sessions to more than a thousand professionals through the Beyond 9 to 5 Club.
Tenny leads investor education and partnerships at XSITE Capital and co-hosts the weekly Midweek Breakthrough sessions. He teaches the financing, partnership-structure, and capstone sessions.
Tuition covers the full ten-week course and everything in the delivery schedule above. There are no upsells inside the course and no recurring charges after the installment plan is complete.
One payment, charged today.
$597 charged today, then 3 payments of $1,597. Total $5,388. All four charges appear on your receipt.
Enroll, attend Sessions 1 and 2, and submit the written buy box from Session 1. If the course is not what you expect, email us by 5:00 p.m. Eastern on the Friday after Session 2 and we refund your tuition in full, including any installment already paid.
These policies apply to every enrollment and are linked from the checkout acknowledgment. Last updated September 14, 2026.
Eligibility. Any student may request a full refund of tuition paid, including any installment already charged, provided all three conditions are met: (1) the student attended Sessions 1 and 2 live or watched the recordings; (2) the student submitted the written buy box assignment from Session 1; and (3) the request is emailed to [email protected] no later than 5:00 p.m. Eastern on the Friday following Session 2 of the student's cohort.
Process. We acknowledge refund requests within one business day and issue approved refunds to the original payment method within 5–10 business days. Remaining installments are cancelled at the same time. Course access ends when the refund is issued.
After the refund window. Because proprietary templates and tools are released at Session 3, tuition is non-refundable after the window closes. Students who cannot complete a cohort for medical or family reasons may transfer their seat to the next cohort at no charge by emailing support.
Installment plans. Choosing the payment plan does not change the refund window. If a refund is approved, all installments already paid are returned and future installments are cancelled.
Parties. These terms are between the enrolling student and XSITE Capital Investment LLC, a Maryland limited liability company doing business as XSITE Academy ("XSITE Academy," "we").
What you're buying. A seat in one cohort of the XSITE Multifamily Accelerator, an educational course delivered as described on this page, together with the course materials listed in the delivery schedule. Tuition is $4,997, payable in full, or as a payment plan of $597 billed on enrollment followed by three installments of $1,597 (total $5,388).
Educational purpose. The course provides general education about multifamily real estate. It is not investment, legal, tax, or financial advice, and it is not an offer or solicitation to buy or sell any security, real property, or interest in any entity. Students are responsible for their own decisions and are encouraged to consult licensed professionals.
License to materials. Course materials are licensed to the enrolled student for personal, non-commercial use. They may not be resold, shared, or redistributed.
Conduct. We may remove a student who disrupts sessions or harasses others; in that case tuition for remaining sessions is refunded on a pro-rata basis.
Recordings. Live sessions are recorded for enrolled students. Students may turn their camera off at any time.
Changes. If we must reschedule a session, we give at least 48 hours' notice and post the recording. If we cancel a cohort before Session 1, all tuition is refunded in full.
Governing law. Maryland law governs these terms. Disputes are resolved in the state or federal courts located in Maryland.
Contact. XSITE Capital Investment LLC, 5457 Twin Knolls Rd, Suite 300, Columbia, MD 21045 · [email protected] · (301) 900-2625.
What we collect. When you enroll we collect your name, email address, phone number, billing address, and the information you enter in course assignments. Payment card details are entered directly into our payment processor's secure form and are never stored on our servers.
How we use it. To deliver the course, send session reminders and recordings, provide support, process payments and refunds, and, with your consent, send information about future courses. You can unsubscribe from marketing email at any time.
Who we share it with. Service providers who help us run the course: our payment processor (Stripe), video platform (Zoom), learning portal, email service, and customer relationship software. Each is bound to use your information only to provide its service. We do not sell personal information.
Retention and rights. We keep enrollment and payment records for seven years for accounting and tax purposes. You may request a copy, correction, or deletion of your personal information by emailing [email protected].
Cookies. This page uses only the cookies required for checkout and basic, aggregated analytics.
The XSITE Multifamily Accelerator is an educational program. XSITE Academy and its instructors are not registered investment advisers, broker-dealers, attorneys, or accountants, and nothing in the course or on this page constitutes investment, legal, tax, or financial advice.
We make no representation that any student will purchase a property, earn income, or achieve any financial result by taking this course. Real estate investing involves risk, including the possible loss of principal. Any examples used in class are for instruction only and describe past transactions that may not be repeated.
Tax rules discussed in Session 7, including Real Estate Professional Status, are presented as they appear in the Internal Revenue Code and are subject to change; eligibility depends on individual facts and should be confirmed with a qualified tax professional.
