Rental Properties, Net (Tables)

6 Months Ended

Jun. 30, 2019

Real Estate [Abstract]

Summary of Investment in Rental Property

The following table presents the Company's investment in rental properties:

	June 30, 2019			December 31, 2018
Land	$	31,220,230		$	18,761,123
Building and improvements		169,880,590			118,625,834
Furniture, fixtures, and equipment		3,551,290			2,202,006
Construction in progress		437,898			265,233
		205,090,008			139,854,196
Less: accumulated depreciation		(7,092,917	)		(3,792,610	)
Total rental property, net	$	197,997,091		$	136,061,586