PRINCIPAL BUSINESS AND ORGANIZATION (Details)											1 Months Ended				6 Months Ended
	Sep. 01, 2023 Company	Feb. 01, 2023 USD ($)	Jan. 03, 2023 USD ($) shares	Oct. 01, 2022 USD ($)	Jul. 23, 2022 USD ($) shares	Jun. 01, 2022 USD ($) ft² a Shareholder	May 06, 2022 USD ($) Land Company shares	Oct. 31, 2019 shares	Dec. 31, 2016 shares	Oct. 31, 2016 shares	Feb. 29, 2024 USD ($)	Jul. 31, 2023 shares	Sep. 30, 2022 shares	Mar. 31, 2021 Building Company	Dec. 31, 2023 USD ($) Offering $ / shares shares	Nov. 01, 2023 USD ($)	Jun. 30, 2023 $ / shares shares	Feb. 06, 2023 USD ($)	Oct. 14, 2022 USD ($)	Jan. 25, 2022	Oct. 04, 2021	Apr. 13, 2021 USD ($) $ / shares
Common Stock Disclosures [Abstract]
Total shares authorized for issue (in shares) | shares															100,000,000
Common stock, authorized (in shares) | shares															80,000,000		80,000,000
Common stock, par value (in dollars per share) | $ / shares															$ 0.0001		$ 0.0001
Preferred stock, shares authorized (in shares) | shares															20,000,000		20,000,000
Preferred stock, par value (in dollars per share) | $ / shares															$ 0.0001		$ 0.0001
Common stock, Initial public offering (in shares) | shares								15,000,000	15,000,000	5,000,000
Capital contribution by parent															$ 75,876,918
Number of operating companies | Company	2													2
Number of residential apartment buildings to acquire and operate | Building														2
Portfolio risk concentration, percentage															20.00%
Proceeds from public offerings															$ 119,100,000
Number of public offering | Offering															3
Proceeds from issuance of common stock															$ 15,100,000
First & Main, LP [Member]
Common Stock Disclosures [Abstract]
Percentage of economic interest acquired					100.00%
Purchase price of interests acquired					$ 3,376,322
Purchase price paid through issuance of shares					$ 2,711,378
1300 Main, LP [Member]
Common Stock Disclosures [Abstract]
Percentage of economic interest acquired													100.00%
Purchase price of interests acquired				$ 6,480,582
Woodland Corporate Center Two, LP [Member]
Common Stock Disclosures [Abstract]
Percentage of economic interest acquired			100.00%
Purchase price of interests acquired			$ 5,636,966
Purchase price paid through issuance of shares			$ 3,242,557
Shares issued (in shares) | shares			144,113.63
Main Street West, LP [Member]
Common Stock Disclosures [Abstract]
Percentage of economic interest acquired		100.00%
Purchase price of interests acquired		$ 8,277,016
MRC Aurora, LLC [Member]
Common Stock Disclosures [Abstract]
Preferred capital from operating partnership																		$ 10,000,000
MRC Aurora, LLC [Member] | Subsequent Event [Member]
Common Stock Disclosures [Abstract]
Selling the preferred units and construction loan schedule to close											$ 17,150,000
220 Campus Lane, LLC [Member]
Common Stock Disclosures [Abstract]
Operating Partnership, ownership interest	100.00%
Campus Lane Residential, LLC [Member]
Common Stock Disclosures [Abstract]
Operating Partnership, ownership interest	100.00%
Hollywood Hillview [Member]
Common Stock Disclosures [Abstract]
Percentage of economic interest acquired																					90.00%
Remaining percentage of economic interest																					10.00%
PT Hillview [Member]
Common Stock Disclosures [Abstract]
Operating Partnership, ownership interest																					100.00%
MacKenzie-BAA IG Shoreline, LLC [Member]
Common Stock Disclosures [Abstract]
Percentage of economic interest acquired																				98.00%
Remaining percentage of economic interest																				2.00%
Equity Investors Member Units [Member] | Madison [Member]
Common Stock Disclosures [Abstract]
Ownership percentage of equity investors														98.45%
Joint venture partners own percentage														1.55%
Equity Investors Member Units [Member] | PVT [Member]
Common Stock Disclosures [Abstract]
Ownership percentage of equity investors														98.75%
Joint venture partners own percentage														1.25%
FSP Satellite Place [Member]
Common Stock Disclosures [Abstract]
Rentable Space | ft²						134,785
Area of Land Rentable Space Located | a						10
Number of shareholders exception for cash payment | Shareholder						2
Wiseman Company LLC [Member]
Common Stock Disclosures [Abstract]
Number of operating companies | Company							8
Percentage of economic interest acquired							100.00%
Number of parcel entitled land acquired | Land							1
Purchase price of interests acquired							$ 18,333,000
Purchase price of parcel entitled land acquired							3,050,000
Purchase price paid through issuance of shares							4,650,000
Purchase price of parcel entitled land paid through issuance of shares							$ 750,000
Period for right to acquire each property at pre-determined prices in following years															2 years
Common Stock [Member]
Common Stock Disclosures [Abstract]
Shares issued (in shares) | shares												2,265	169.67
Payment to repurchase shares															$ 14,280,000
Common Stock [Member] | FSP Satellite Place [Member]
Common Stock Disclosures [Abstract]
Payments to acquire economic interest						$ 27,503
Preferred Stock [Member] | First & Main, LP [Member]
Common Stock Disclosures [Abstract]
Shares issued (in shares) | shares					120,505.66
Preferred Stock [Member] | Operating Partnership [Member]
Common Stock Disclosures [Abstract]
Preferred stock, par value (in dollars per share) | $ / shares															$ 25
Operating Partnership shares owned (in shares) | shares															475,404.2
Operating Partnership shares, amount entitled to receive															$ 11,885,105
Preferred Stock [Member] | FSP Satellite Place [Member]
Common Stock Disclosures [Abstract]
Payments to acquire economic interest						$ 13,752
Preferred Stock [Member] | Wiseman Company LLC [Member]
Common Stock Disclosures [Abstract]
Shares issued (in shares) | shares							206,666.67
Series A Preferred Stock [Member]
Common Stock Disclosures [Abstract]
Preferred stock, authorized amount																			$ 75,000,000			$ 50,000,000
Preferred stock initial offering price (in dollars per share) | $ / shares																						$ 25
Proceeds from public offerings															18,080,000.00
Proceeds from issuance of preferred stock															$ 160,000
Series A Preferred Stock [Member] | Operating Partnership [Member]
Common Stock Disclosures [Abstract]
Operating Partnership, ownership interest															14.37%
Series A Preferred Stock [Member] | Preferred Stock [Member]
Common Stock Disclosures [Abstract]
Payment to repurchase shares															$ 40,000.00
Series B Preferred Stock [Member]
Common Stock Disclosures [Abstract]
Proceeds from public offerings															$ 100,000
Class A [Member] | Operating Partnership [Member]
Common Stock Disclosures [Abstract]
Common stock, par value (in dollars per share) | $ / shares															$ 10.25
Operating Partnership shares owned (in shares) | shares															82,978.43
Operating Partnership, ownership interest															14.37%
Class A [Member] | Wiseman Company LLC [Member]
Common Stock Disclosures [Abstract]
Shares issued (in shares) | shares							77,881.62
Series A and B Preferred Stock [Member]
Common Stock Disclosures [Abstract]
Preferred stock, authorized amount																$ 75,000,000