Manufactured Housing Properties (MHPC) 10-Q 14 Nov 22 2022 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2022	Nov. 11, 2022
Document Information Line Items
Entity Registrant Name	MANUFACTURED HOUSING PROPERTIES INC.
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		12,493,012
Amendment Flag	false
Entity Central Index Key	0001277998
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Document Period End Date	Sep. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	000-51229
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	51-0482104
Entity Address, Address Line One	136 Main Street
Entity Address, City or Town	Pineville
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	28134
City Area Code	(980)
Local Phone Number	273-1702
Entity Interactive Data Current	Yes

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Land	$ 27,845,291	$ 18,854,760
Site and Land Improvements	41,233,111	35,133,079
Buildings and Improvements	21,806,023	14,666,296
Construction in Process	2,575,086	3,030,456
Total Investment Property	93,459,511	71,684,591
Accumulated Depreciation	(7,285,503)	(4,832,300)
Net Investment Property	86,174,008	66,852,291
Cash and Cash Equivalents	1,896,839	1,401,134
Restricted Cash	5,018,079	705,195
Accounts Receivable	344,603	175,955
Other Assets	806,034	913,205
TOTAL ASSETS	94,239,563	70,047,780
Liabilities
Accounts Payable	989,909	477,484
Notes Payable, net of $3,561,671 and $2,064,294 debt discount, respectively	71,100,381	48,891,483
Lines of Credit – Variable Interest Entities, net of $141,061 and $151,749 debt discount, respectively	5,270,283	6,200,607
Lines of Credit – Related Party	2,000,000	150,000
Note Payable – Related Party		1,500,000
Accrued Liabilities including amounts due to related parties of $1,109,500 and $250,000, respectively	1,646,378	1,235,001
Tenant Security Deposits	863,961	705,195
Series C Redeemable Preferred Stock, par value $0.01 per share; 47,000 shares authorized; 15,994 and 5,734 shares issued and outstanding; redemption value $15,994,000 and $5,734,400 as of September 30, 2022 and December 31, 2021, respectively	14,888,366	5,214,370
Total Liabilities	96,759,278	64,374,140
Commitments and Contingencies (See note 6)
Redeemable Preferred Stock – subject to redemption
Series A Cumulative Redeemable Convertible Preferred Stock, par value $0.01 per share; 4,000,000 shares authorized; 1,866,000 and 1,886,000 shares issued and outstanding; redemption value $6,997,500 and $7,072,500 as of September 30, 2022 and December 31, 2021, respectively	6,129,145	5,841,771
Series B Cumulative Redeemable Preferred Stock, par value $0.01 per share; 1,000,000 shares authorized; 747,951 and 758,551 shares issued and outstanding; redemption value $11,219,265 and $11,378,265 as of September 30, 2022 and December 31, 2021, respectively	8,940,614	8,518,594
Deficit
Common Stock, par value $0.01 per share; 200,000,000 shares authorized; 12,478,012 and 12,403,680 shares are issued and outstanding as of September 30, 2022 and December 31, 2021, respectively	124,780	124,037
Additional Paid in Capital	(4,952,551)	(3,160,712)
Accumulated Deficit	(11,186,912)	(4,672,537)
Total Manufactured Housing Properties Inc. Deficit	(16,014,683)	(7,709,212)
Non-controlling interest in Variable Interest Entities	(1,574,791)	(977,513)
Total Deficit	(17,589,474)	(8,686,725)
TOTAL LIABILITIES AND DEFICIT	$ 94,239,563	$ 70,047,780

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parentheticals) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Notes Payable, net (in Dollars)	$ 3,561,671	$ 2,064,294
Variable Interest Entity, net (in Dollars)	141,061	151,749
Accrued Liabilities (in Dollars)	$ 1,109,500	$ 250,000
Common stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, authorized	200,000,000	200,000,000
Common stock, issued	12,478,012	12,403,680
Common stock, outstanding	12,478,012	12,403,680
Series C Redeemable Preferred Stock
Redeemable Preferred Stock par value (in Dollars per share)	$ 0.01	$ 0.01
Redeemable Preferred Stock authorized	47,000	47,000
Redeemable Preferred Stock issued	15,994	5,734
Redeemable Preferred Stock outstanding	15,994	5,734
Redeemable preferred stock, redemption value (in Dollars)	$ 15,994,000	$ 5,734,400
Series A Cumulative Redeemable Convertible Preferred Stock
Preferred stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Preferred stock, authorized	4,000,000	4,000,000
Preferred stock, issued	1,866,000	1,886,000
Preferred stock, outstanding	1,866,000	1,886,000
Preferred stock, redemption value (in Dollars)	$ 6,997,500	$ 7,072,500
Series B Cumulative Redeemable Preferred Stock
Preferred stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Preferred stock, authorized	1,000,000	1,000,000
Preferred stock, issued	747,951	758,551
Preferred stock, outstanding	747,951	758,551
Preferred stock, redemption value (in Dollars)	$ 11,219,265	$ 11,378,265

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenue
Rental and related income	$ 3,697,558	$ 2,250,169	$ 10,021,357	$ 5,690,227
Gross revenues from home sales	18,570	9,000	121,164	74,244
Total revenues	3,716,128	2,259,169	10,142,521	5,764,471
Community operating expenses
Repair and maintenance	287,686	177,878	803,505	401,068
Real estate taxes	186,358	97,328	584,280	296,568
Utilities	259,758	189,022	735,638	488,334
Insurance	87,044	35,315	226,341	103,712
General and administrative expense	510,036	218,830	1,291,276	522,952
Total community operating expenses	1,330,882	718,373	3,641,040	1,812,634
Corporate payroll and overhead	1,519,271	580,109	3,683,267	1,744,576
Depreciation expense	898,963	507,493	2,477,642	1,411,158
Interest expense	1,506,290	546,065	3,843,031	1,439,419
Refinancing costs	3,604,671		3,620,422	16,675
Cost of home sales	22,676		177,410
Total expenses	8,882,753	2,352,040	17,442,812	6,424,462
Other income	500		500	139,300
Net loss before provision for income taxes	(5,166,125)	(92,871)	(7,299,791)	(520,691)
Provision for income taxes
Net loss	(5,166,125)	(92,871)	(7,299,791)	(520,691)
Net loss attributable to non-controlling interest variable interest entities	(376,105)	(516,506)	(786,590)	(343,073)
Net income (loss) attributable to Manufactured Housing Properties, Inc.	(4,790,020)	423,635	(6,513,201)	(177,618)
Preferred stock dividends and put option value accretion
Series A preferred dividends	94,178	103,394	282,778	290,561
Series A preferred put option value accretion	117,726	118,146	353,472	354,396
Series B preferred dividends	151,785	151,786	455,355	427,517
Series B preferred put option value accretion	159,472	184,254	527,980	554,780
Total preferred stock dividends and put option value accretion	523,161	557,580	1,619,585	1,627,254
Net loss attributable to common stockholders	$ (5,313,181)	$ (133,945)	$ (8,132,786)	$ (1,804,872)
Weighted average shares - basic and fully diluted (in Shares)	12,812,232	12,923,355	12,779,543	12,921,485
Net loss per share – basic and fully diluted (in Dollars per share)	$ (0.41)	$ (0.01)	$ (0.64)	$ (0.14)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations (Unaudited) (Parentheticals) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Statement [Abstract]
Weighted average shares - basic and fully diluted (in Shares)	12,812,232	12,923,355	12,779,543	12,921,485
Net loss per share – basic and fully diluted (in Dollars per share)	$ (0.4)	$ (0.01)	$ (0.64)	$ (0.14)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Deficit Equity (Unaudited) - USD ($)	COMMON STOCK	ADDITIONAL PAID IN CAPITAL	ACCUMULATED DEFICIT	TOTAL MANUFACTURED HOUSING PROPERTIES INC.	NON CONTROLLING INTEREST	Total
Balance at Dec. 31, 2020	$ 124,016	$ (1,052,611)	$ (3,574,194)	$ (4,502,789)	$ (419,275)	$ (4,922,064)
Balance (in Shares) at Dec. 31, 2020	12,398,580
Stock option expense		646		646		646
Preferred shares Series A dividends		(96,167)		(96,167)		(96,167)
Preferred shares Series A put option value accretion		(118,125)		(118,125)		(118,125)
Preferred shares Series B dividends		(129,409)		(129,409)		(129,409)
Preferred shares Series B put option value accretion		(185,839)		(185,839)		(185,839)
Common Stock issuance to preferred share holders	$ 51	1,326		1,377		1,377
Common Stock issuance to preferred share holders (in Shares)	5,100
Contributions to VIE					12,371	12,371
Distributions from VIE					(20,000)	(20,000)
Net Income (Loss)			(414,276)	(414,276)	55,085	(359,191)
Balance at Mar. 31, 2021	$ 124,067	(1,580,179)	(3,988,470)	(5,444,582)	(371,819)	(5,816,401)
Balance (in Shares) at Mar. 31, 2021	12,403,680
Balance at Dec. 31, 2020	$ 124,016	(1,052,611)	(3,574,194)	(4,502,789)	(419,275)	(4,922,064)
Balance (in Shares) at Dec. 31, 2020	12,398,580
Net Income (Loss)						(520,691)
Balance at Sep. 30, 2021	$ 124,067	(2,640,506)	(3,751,812)	(6,268,251)	(829,977)	(7,098,228)
Balance (in Shares) at Sep. 30, 2021	12,403,680
Balance at Mar. 31, 2021	$ 124,067	(1,580,179)	(3,988,470)	(5,444,582)	(371,819)	(5,816,401)
Balance (in Shares) at Mar. 31, 2021	12,403,680
Stock option expense		37,171		37,171		37,171
Preferred shares Series A dividends		(91,000)		(91,000)		(91,000)
Preferred shares Series A put option value accretion		(118,125)		(118,125)		(118,125)
Preferred shares Series B dividends		(146,322)		(146,322)		(146,322)
Preferred shares Series B put option value accretion		(184,687)		(184,687)		(184,687)
Distributions from VIE					(30,000)	(30,000)
Net Income (Loss)			(186,977)	(186,977)	118,348	(68,629)
Balance at Jun. 30, 2021	$ 124,067	(2,083,142)	(4,175,447)	(6,134,522)	(283,471)	(6,417,993)
Balance (in Shares) at Jun. 30, 2021	12,403,680
Stock option expense		216		216		216
Preferred shares Series A dividends		(103,394)		(103,394)		(103,394)
Preferred shares Series A put option value accretion		(118,146)		(118,146)		(118,146)
Preferred shares Series B dividends		(151,786)		(151,786)		(151,786)
Preferred shares Series B put option value accretion		(184,254)		(184,254)		(184,254)
Distributions from VIE					(30,000)	(30,000)
Net Income (Loss)			423,635	423,635	(516,506)	(92,871)
Balance at Sep. 30, 2021	$ 124,067	(2,640,506)	(3,751,812)	(6,268,251)	(829,977)	(7,098,228)
Balance (in Shares) at Sep. 30, 2021	12,403,680
Balance at Dec. 31, 2021	$ 124,037	(3,160,712)	(4,672,537)	(7,709,212)	(977,513)	(8,686,725)
Balance (in Shares) at Dec. 31, 2021	12,403,680
Stock option expense		49,760		49,760		49,760
Preferred shares Series A dividends		(94,300)		(94,300)		(94,300)
Preferred shares Series A put option value accretion		(117,871)		(117,871)		(117,871)
Preferred shares Series B dividends		(151,785)		(151,785)		(151,785)
Preferred shares Series B put option value accretion		(184,254)		(184,254)		(184,254)
Distributions from VIE					(30,000)	(30,000)
Net Income (Loss)			(630,120)	(630,120)	(159,570)	(789,690)
Balance at Mar. 31, 2022	$ 124,037	(3,659,162)	(5,302,657)	(8,837,782)	(1,167,083)	(10,004,865)
Balance (in Shares) at Mar. 31, 2022	12,403,680
Balance at Dec. 31, 2021	$ 124,037	(3,160,712)	(4,672,537)	(7,709,212)	(977,513)	(8,686,725)
Balance (in Shares) at Dec. 31, 2021	12,403,680
Net Income (Loss)						(7,299,791)
Balance at Sep. 30, 2022	$ 124,780	(4,952,551)	(11,186,912)	(16,014,683)	(1,574,791)	(17,589,474)
Balance (in Shares) at Sep. 30, 2022	12,478,012
Balance at Mar. 31, 2022	$ 124,037	(3,659,162)	(5,302,657)	(8,837,782)	(1,167,083)	(10,004,865)
Balance (in Shares) at Mar. 31, 2022	12,403,680
Stock option expense		28,062		28,062		28,062
Common Stock issued through stock options	$ 83			83		83
Common Stock issued through stock options (in Shares)	8,333
Preferred shares Series A dividends		(94,300)		(94,300)		(94,300)
Preferred shares Series A put option value accretion		(117,875)		(117,875)		(117,875)
Preferred shares Series B dividends		(151,785)		(151,785)		(151,785)
Preferred shares Series B put option value accretion		(184,254)		(184,254)		(184,254)
Distributions from VIE					(30,000)	(30,000)
Net Income (Loss)			(1,093,061)	(1,093,061)	(250,915)	(1,343,976)
Balance at Jun. 30, 2022	$ 124,120	(4,179,314)	(6,395,718)	(10,450,912)	(1,447,998)	(11,898,910)
Balance (in Shares) at Jun. 30, 2022	12,412,013
Stock option expense		28,062		28,062		28,062
Common Stock issued through stock options	$ 660			660		660
Common Stock issued through stock options (in Shares)	65,999
Intercompany Transfer of Homes– Deemed Dividend		(278,138)		(278,138)	278,138
Joint Ventures Adjustment			(1,174)	(1,174)	1,174
Preferred shares Series A dividends		(94,178)		(94,178)		(94,178)
Preferred shares Series A put option value accretion		(117,726)		(117,726)		(117,726)
Preferred shares Series B dividends		(151,785)		(151,785)		(151,785)
Preferred shares Series B put option value accretion		(159,472)		(159,472)		(159,472)
Distributions from VIE					(30,000)	(30,000)
Net Income (Loss)			(4,790,020)	(4,790,020)	(376,105)	(5,166,125)
Balance at Sep. 30, 2022	$ 124,780	$ (4,952,551)	$ (11,186,912)	$ (16,014,683)	$ (1,574,791)	$ (17,589,474)
Balance (in Shares) at Sep. 30, 2022	12,478,012

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash Flows from Operating Activities:
Net Loss	$ (7,299,791)	$ (520,691)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Stock option expense	105,884	38,033
Amortization of debt discount	481,545	140,423
Write off debt issuance costs recorded as debt discount	2,219,591	56,691
Write off acquisition and development pursuit costs	49,326
Prepayment penalty upon debt extinguishment	1,400,831
Gain on debt extinguishment		(139,300)
Loss on sales of homes	56,246	74,494
Depreciation	2,477,642	1,411,158
Accounts receivable	(168,648)	(57,283)
Other assets	413,731	1,259,065
Accounts payable	451,425	95,250
Tenant security deposits	158,766	202,468
Accrued liabilities	(348,401)	108,900
Net Cash Provided by (Used in) Operating Activities	(1,853)	2,669,208
Cash Flows from Investing Activities:
Capital improvements	(1,872,803)	(1,317,405)
Proceeds from sales of homes	121,164	74,244
Purchases of investment properties	(6,444,135)	(2,390,000)
Payment of pursuit costs	(291,742)
Payment of acquisition costs	(471,096)	(160,384)
Net Cash Used in Investing Activities	(8,958,612)	(3,793,545)
Cash Flows from Financing Activities:
Proceeds from related party debt	4,700,000
Repayment of related party debt	(4,350,000)
Proceeds from refinanced notes payable and lines of credit	66,071,563
Repayment of notes payable upon refinance	(52,774,771)
Repayment of lines of credit upon refinance - VIEs	(3,085,607)
Repayment of notes payable	(506,656)	(458,844)
Repayment of lines of credit - VIEs	(147,144)
Proceeds from exercise of options	743
Proceeds from issuance of preferred stock	10,253,917	3,519,484
Payment of debt costs and Series C Preferred Stock costs recorded as debt discount	(3,956,743)	(927,191)
Prepayment penalty upon debt extinguishment	(1,400,831)
Redemption of Preferred Stock	(172,062)	(10,000)
Fees paid in advance for debt	(45,000)
Series A and Series B Preferred share dividends	(728,355)	(718,078)
Contribution to VIE		12,371
Distributions from VIE	(90,000)	(80,000)
Net Cash Provided by Financing Activities	13,769,054	1,337,742
Net change in cash, cash equivalents and restricted cash	4,808,589	213,405
Cash, cash equivalents and restricted cash at beginning of the period	2,106,329	1,988,857
Cash, cash equivalents and restricted cash at end of the period	6,914,918	2,202,262
Cash, cash equivalents and restricted cash consist of the following:
Cash and cash equivalents	1,896,839	1,660,242
Restricted cash	5,018,079	541,620
Total	6,914,918	2,202,262
Cash, cash equivalents and restricted cash consist of the following:
Cash and cash equivalents	1,401,134	1,649,705
Restricted cash	705,195	339,152
Total	2,106,329	1,988,857
Cash paid for:
Income Taxes
Interest	2,395,384	1,249,612
Series C Preferred share dividends included in interest expense	484,521
Non-Cash Investing and Financing Activities
Notes and lines of credit related to acquisitions and capital improvements	13,188,735	10,072,286
Non-cash Series A and B Preferred Stock accretion	881,452	909,175
Debt issuance costs included in accounts payable and accrued liabilities	1,061,000
Stock issued in connection with Series B Preferred Stock issuance		$ 1,377

Summary of Significant Accounti

Summary of Significant Accounting Policies and Organization	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION	NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION Organization Manufactured Housing Properties Inc. (the “Company”) is a Nevada corporation whose principal activities are to acquire, own, and operate manufactured housing communities. Basis of Presentation The Company prepares its consolidated financial statements under the accrual basis of accounting, in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with GAAP for interim financial information and with the instructions to Form 10-Q of Regulation S-X. They do not include all information and footnotes required by GAAP for complete financial statements. The December 31, 2021 consolidated balance sheet data was derived from audited financial statements but does not include all disclosures required by GAAP. However, except as disclosed herein, there has been no material change in the information disclosed in the notes to the consolidated financial statements for the year ended December 31, 2021 included in the Company’s Annual Report on Form 10-K, as filed with the Securities and Exchange Commission on March 31, 2022. The interim unaudited condensed consolidated financial statements should be read in conjunction with those consolidated financial statements included in the Form 10-K. In the opinion of management, all adjustments considered necessary for a fair statement of the financial statements, consisting solely of normal recurring adjustments, have been made. Operating results for the three and nine months ended September 30, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022. Principles of Consolidation The unaudited condensed consolidated financial statements include the accounts of the Company, entities controlled by the Company through its direct or indirect ownership of a majority interest, and any other entities in which the Company has a controlling financial interest. The Company consolidates variable interest entities (“VIEs”) where the Company is the primary beneficiary. The primary beneficiary of a VIE is the party that has both the power to direct the activities that most significantly impact the VIE’s economic performance, and the obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIE. The Company’s formation of all subsidiaries and VIEs’ date of consolidation are as follows: Name of Subsidiary State of Formation Date of Formation Ownership Pecan Grove MHP LLC North Carolina October 12, 2016 100% Azalea MHP LLC North Carolina October 25, 2017 100% Holly Faye MHP LLC North Carolina October 25, 2017 100% Chatham Pines MHP LLC North Carolina October 31, 2017 100% Maple Hills MHP LLC North Carolina October 31, 2017 100% Lakeview MHP LLC South Carolina November 1, 2017 100% MHP Pursuits LLC North Carolina January 31, 2019 100% Mobile Home Rentals LLC North Carolina September 30, 2016 100% Hunt Club MHP LLC South Carolina March 8, 2019 100% B&D MHP LLC South Carolina April 4, 2019 100% Crestview MHP LLC North Carolina June 28, 2019 100% Springlake MHP LLC Georgia October 10, 2019 100% ARC MHP LLC South Carolina November 13, 2019 100% Countryside MHP LLC South Carolina March 12, 2020 100% Evergreen MHP LLC Tennessee March 17, 2020 100% Golden Isles MHP LLC Georgia March 16, 2021 100% Anderson MHP LLC South Carolina June 2, 2021 100% Capital View MHP LLC South Carolina August 6, 2021 100% Hidden Oaks MHP LLC South Carolina August 6, 2021 100% North Raleigh MHP LLC North Carolina September 16, 2021 100% Carolinas 4 MHP LLC North Carolina November 30, 2021 100% Charlotte 3 Park MHP LLC North Carolina December 10, 2021 100% Sunnyland MHP LLC Georgia January 7, 2022 100% Warrenville MHP LLC South Carolina February 15, 2022 100% Solid Rock MHP LLC South Carolina June 6, 2022 100% Spaulding MHP LLC Georgia June 10, 2022 100% Raeford MHP Development LLC North Carolina June 20, 2022 100% Solid Rock MHP Homes LLC South Carolina June 22, 2022 100% Country Estates MHP LLC* North Carolina July 6, 2022 100% Statesville MHP LLC North Carolina July 6, 2022 100% Timberview MHP LLC North Carolina July 7, 2022 100% Red Fox MHP LLC North Carolina July 7, 2022 100% Northview MHP LLC North Carolina July 8, 2022 100% Meadowbrook MHP LLC South Carolina July 25, 2022 100% Sunnyland 2 MHP LLC Georgia July 27, 2022 100% Dalton 3 MHP LLC* Georgia August 8, 2022 100% MHP Home Holdings LLC North Carolina August 17, 2022 100% Glynn Acres MHP LLC* Georgia September 9, 2022 100% Wake Forest 2 MHP LLC* North Carolina October 27, 2022 100% Gvest Finance LLC North Carolina December 11, 2018 VIE Gvest Homes I LLC Delaware November 9, 2020 VIE Brainerd Place LLC Delaware February 24, 2021 VIE Bull Creek LLC Delaware April 13, 2021 VIE Gvest Anderson Homes LLC Delaware June 22, 2021 VIE Gvest Capital View Homes LLC Delaware August 6, 2021 VIE Gvest Hidden Oaks Homes LLC Delaware August 6, 2021 VIE Gvest Springlake Homes LLC Delaware September 24, 2021 VIE Gvest Carolinas 4 Homes LLC Delaware November 13, 2021 VIE Gvest Sunnyland Homes LLC Delaware January 6, 2022 VIE Gvest Warrenville Homes LLC Delaware February 14, 2022 VIE Gvest Wake Forest 2 Homes LLC* North Carolina October 27, 2022 VIE * During the three and nine months ended September 30, 2022, there was no activity in Country Estates MHP LLC, Dalton 3 MHP LLC, Glynn Acres MHP LLC, Wake Forest 2 MHP LLC, and Gvest Wake Forest 2 Homes LLC. All intercompany transactions and balances have been eliminated in consolidation. The Company does not have a majority or minority interest in any other company, either consolidated or unconsolidated. Revenue Recognition Mobile home rental and related income is generated from lease agreements for our sites and homes. The lease component of these agreements is accounted for under Topic 842 of the Financial Accounting Standards Board, or FASB, Accounting Standards Codification, or ASC, for leases. Under ASC 842, the Company must assess on an individual lease basis whether it is probable that we will collect the future lease payments. The Company considers the tenant’s payment history and current credit status when assessing collectability. When collectability is not deemed probable, the Company will write-off the tenant’s receivables, including straight-line rent receivable, and limit lease income to cash received. The Company’s revenues primarily consist of rental revenues and other rental related fee income. The Company has the following revenue sources and revenue recognition policies: ● Rental revenues include revenues from the leasing of land lot or a combination of both, the mobile home and land at our properties to tenants. ● Revenues from the leasing of land lot or a combination of both, the mobile home and land at the Company’s properties to tenants include (i) lease components, including land lot or a combination of both, the mobile home and land, and (ii) reimbursement of utilities and account for the components as a single lease component in accordance with ASC 842. ● Revenues derived from fixed lease payments are recognized on a straight-line basis over the non-cancelable period of the lease. The Company commences rental revenue recognition when the underlying asset is available for use by the lessee. Revenue derived from the reimbursement of utilities are generally recognized in the same period as the related expenses are incurred. The majority of the Company’s leases are month-to-month. Revenue from sales of manufactured homes is recognized in accordance with the core principle of ASC 606, at the time of closing when control of the home transfers to the customer. After closing of the sale transaction, the Company generally has no remaining performance obligation. Accounts Receivable Accounts receivable consist primarily of amounts currently due from residents. Accounts receivable are reported in the balance sheet at outstanding principal adjusted for any charge-offs and allowance for losses. The Company records an allowance for bad debt when receivables are over 90 days old. Acquisitions The Company accounts for acquisitions as asset acquisitions in accordance with ASC 805, “Business Combinations,” and allocates the purchase price of the property based upon the fair value of the assets acquired, which generally consist of land, site and land improvements, buildings and improvements and rental homes. The Company allocates the purchase price of an acquired property generally determined by internal evaluation as well as third-party appraisal of the property obtained in conjunction with the purchase. Variable Interest Entities In December 2020, the Company entered into a property management agreement with Gvest Finance LLC, a company owned and controlled by the Company’s parent company, Gvest Real Estate Capital LLC, an entity whose sole owner is Raymond M. Gee, the Company’s chairman and chief executive officer, and has subsequently entered into property management agreements with Gvest Homes I LLC, Gvest Anderson Homes LLC, Gvest Capital View Homes LLC, Gvest Hidden Oaks Homes LLC, Gvest Springlake Homes LLC, Gvest Carolinas 4 Homes LLC, Gvest Sunnyland Homes LLC and Gvest Warrenville Homes LLC, which are all wholly owned subsidiaries of Gvest Finance LLC. Under the property management agreements, the Company manages the homes owned by the VIEs and the VIEs remit to the Company all income, less any sums paid out for operational expenses and debt service but retain 5% of the debt service payment as a reserve. Additionally, during 2021, the Company formed two entities, Brainerd Place LLC and Bull Creek LLC, for the purpose of exploring opportunities to develop mobile home communities. The Company owns 49% of these entities and Gvest Real Estate LLC, an entity whose sole owner is Raymond M. Gee, owns 51%. The Company also executed operating agreements with these entities which designate Gvest Capital Management LLC, a company owned and controlled by Gvest Real Estate Capital LLC, as manager with the authority, power, and discretion to manage and control the entities’ business decisions. The operating agreements require the Company to make cash contributions to the entities to fund their activities, operations, and existence, if the Company approves the contribution requests from the manager, which ultimately provides the Company with power to direct the economically significant activities of these entities. A company with interests in a VIE must consolidate the entity if the company is deemed to be the primary beneficiary of the VIE; that is, if it has both (1) the power to direct the economically significant activities of the entity and (2) the obligation to absorb losses of, or the right to receive benefits from, the entity that could potentially be significant to the VIE. Such a determination requires management to evaluate circumstances and relationships that may be difficult to understand and to make a significant judgment, and to repeat the evaluation at each subsequent reporting date. Primarily due to the Company’s common ownership by Mr. Gee, its power to direct the activities of these entities that most significantly impact their economic performance, and the fact that the Company has the obligation to absorb losses or the right to receive benefits from these entities that could potentially be significant to these entities, the entities listed above are considered to be VIEs in accordance with applicable GAAP. Net Income (Loss) Per Share Basic net income (loss) per share is calculated by dividing net income (loss) by the weighted average number of common shares outstanding, including vested penny stock options during the period. Diluted net income (loss) per share is calculated by dividing net income (loss) by the weighted average number of common shares outstanding plus the weighted average number of net shares that would be issued upon exercise of stock options pursuant to the treasury stock method. For the nine months ended September 30, 2022, the potentially dilutive penny options for the purchase of 357,176 shares of Common Stock were included in basic loss per share. Other securities outstanding as of September 30, 2022 not included in dilutive loss per share, as the effect would be anti-dilutive, were 146,666 stock options and 1,866,000 shares of Series A Cumulative Redeemable Convertible Preferred Stock, which are convertible into Common Stock for a total of 1,866,000 shares. For the nine months ended September 30, 2021, the potentially dilutive penny options for the purchase of 519,675 shares of Common Stock were included in basic loss per share. Other securities outstanding as of September 30, 2021 not included in dilutive loss per share, as the effect would be anti-dilutive, were 186,500 stock options and 1,886,000 shares of Series A Cumulative Redeemable Convertible Preferred Stock, which were convertible into Common Stock for a total of 1,886,000 shares. Use of Estimates The presentation of financial statements in conformity with GAAP requires management to make estimates and assumptions that effect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates. Investment Property and Depreciation Investment real property and equipment are carried at cost. Depreciation of buildings, improvements to sites and buildings, rental homes, equipment, and vehicles is computed principally on the straight-line method over the estimated useful lives of the assets (ranging from 3 to 25 years). Land development costs are not depreciated until they are put in use, at which time they are capitalized as land improvements. Interest Expense pertaining to Land Development Costs are capitalized. Maintenance and Repairs are charged to expense as incurred and improvements are capitalized. The costs and related accumulated depreciation of property sold or otherwise disposed of are removed from the financial statement and any gain or loss is reflected in the current period’s results of operations. Impairment Policy The Company applies FASB ASC 360-10, “Property, Plant & Equipment,” to measure impairment in real estate investments. Rental properties are individually evaluated for impairment when conditions exist which may indicate that it is probable that the sum of expected future cash flows (on an undiscounted basis without interest) from a rental property is less than the carrying value under its historical net cost basis. These expected future cash flows consider factors such as future operating income, trends and prospects as well as the effects of leasing demand, competition and other factors. Upon determination that a permanent impairment has occurred, rental properties are reduced to their fair value. For properties to be disposed of, an impairment loss is recognized when the fair value of the property, less the estimated cost to sell, is less than the carrying amount of the property measured at the time there is a commitment to sell the property and/or it is actively being marketed for sale. A property to be disposed of is reported at the lower of its carrying amount or its estimated fair value, less its cost to sell. Subsequent to the date that a property is held for disposition, depreciation expense is not recorded. There was no impairment during the three and nine months ended September 30, 2022 and 2021. Cash, Cash Equivalents, and Restricted Cash The Company considers all highly liquid financial instruments purchased with an original maturity of three months or less to be cash equivalents. As of September 30, 2022, restricted cash consisted of $5,018,079 related to cash reserved for tenant security deposits of $863,961 and lender escrows for capital improvements, insurance, and real estate taxes of $4,154,118. As of December 31, 2021, restricted cash consisted of $705,195 related to cash reserved for tenant security deposits. The Company maintains cash balances at banks and deposits at times may exceed federally insured limits. Management believes that the financial institutions that hold the Company’s cash are financially secure and, accordingly, minimal credit risk exists. At September 30, 2022 and December 31, 2021, the Company had approximately $642,000 and $763,000 above the FDIC-insured limit, respectively. Liquidity The consolidated financial statements have been prepared in conformity with GAAP, which contemplate continuation of the Company as a going concern. The Company has incurred net losses each year since inception and has experienced nearly breakeven cash flows from operations during the nine months ended September 30, 2022. The portfolio refinance with KeyBank discussed in Note 5 drove the large net loss for the quarter ended September 30, 2022, which is a non-recurring cost going forward. Additionally, the Company is in an acquisitive, growth stage whereby it has doubled the number of home sites in its portfolio of manufactured housing communities over the past two years. T The Company has incurred additional corporate payroll and overhead and interest expense in order to accomplish such growth which has driven losses and used operating cash flow. The Company believes its current available cash and is sufficient to fund its operations for at least the next twelve months following the filing of these consolidated financial statements and through December 2023. The Company also has two revolving promissory notes available to it from its officers as detailed in Note 5, if needed for working capital or other cash flow needs. The Company’s continued growth depends on the availability of suitable properties which meet its investment criteria and appropriate financing, which includes its ability to raise capital. There is no guarantee that any of these additional opportunities will materialize or that the Company will be able to take advantage of such opportunities. There can be no assurance that financing will be available in amounts or terms acceptable to the Company, if at all. To the extent that funds or appropriate communities are not available, fewer acquisitions and capital improvements will be made. Stock Based Compensation All stock based payments to employees, nonemployee consultants, and to nonemployee directors for their services as directors, including any grants of restricted stock and stock options, are measured at fair value on the grant date and recognized in the statements of operations as compensation or other expense over the relevant service period in accordance with FASB ASC Topic 718. Stock based payments to nonemployees are recognized as an expense over the period of performance. Such payments are measured at fair value at the earlier of the date a performance commitment is reached, or the date performance is completed. In addition, for awards that vest immediately and are nonforfeitable, the measurement date is the date the award is issued. The Company recorded stock option expense of $105,884 and $38,033 during the nine months ended September 30, 2022 and 2021, respectively. Fair Value of Financial Instruments The Company follows paragraph 825-10-50-10 of the FASB ASC for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB ASC to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in GAAP and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. Most of the Company’s financial assets do not have a quoted market value. Therefore, estimates of fair value are necessarily based on a number of significant assumptions (many of which involve events outside the control of management). Such assumptions include assessments of current economic conditions, perceived risks associated with these financial instruments and their counterparties, future expected loss experience and other factors. Given the uncertainties surrounding these assumptions, the reported fair values represent estimates only and, therefore, cannot be compared to the historical accounting model. Use of different assumptions or methodologies is likely to result in significantly different fair value estimates. The fair value of cash and cash equivalents, accounts receivables, and accounts payable approximates their current carrying amounts since all such items are short-term in nature. The fair value of variable and fixed rate mortgages payable and lines of credit approximate their current carrying amounts on the balance sheet since such amounts payable are at approximately a weighted average current market rate of interest. Income Taxes The Company accounts for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, the Company determines deferred tax assets and liabilities on the basis of the differences between the financial statement and tax bases of assets and liabilities by using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. The Company recognizes deferred tax assets to the extent that the Company believes that these assets are more likely than not to be realized. In making such a determination, the Company considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, and results of recent operations. If the Company determines that it would be able to realize its deferred tax assets in the future in excess of their net recorded amount, the Company would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. The Company records uncertain tax positions in accordance with ASC 740 on the basis of a two-step process in which (1) the Company determines whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position and (2) for those tax positions that meet the more-likely-than-not recognition threshold, the Company recognizes the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. The Company recognizes interest and penalties, if any, with income tax expense in the accompanying unaudited condensed consolidated statement of operations. As of September 30, 2022, and December 31, 2021, there were no such accrued interest or penalties. Reclassifications Certain amounts in the prior period presentation have been reclassified to conform with the current presentation. For the year ended December 31, 2021, the Company reclassed $705,195 cash reserved for tenant security deposits to separately present as restricted cash on the balance sheet. For the nine months ended September 30, 2021, the Company reclassed $74,244 from cash used for capital improvements to proceeds from sale of homes within the net cash used in investing activities section of the unaudited condensed consolidated statement of cash flows and reclassed $160,384 from cash used for payment of acquisition costs within the financing activities section to the investing activities section. Recent Accounting Pronouncements In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” ASU 2016-13 requires that entities use a new forward looking “expected loss” model that generally will result in the earlier recognition of allowance for credit losses. The measurement of expected credit losses is based upon historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. ASU No. 2016-13 is effective for annual reporting periods, including interim reporting periods within those periods, beginning after December 15, 2022. The Company is currently evaluating the potential impact this standard may have on the consolidated financial statements. Management does not believe that any other recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying unaudited condensed consolidated financial statements. Impact of Coronavirus Pandemic In December 2019, a novel strain of coronavirus was reported to have surfaced in Wuhan, China. On March 11, 2020, the World Health Organization declared the outbreak a pandemic, and on March 13, 2020, the United States declared a national emergency. Some states and cities, including some where the Company’s properties are located, reacted by instituting quarantines, restrictions on travel, “stay at home” rules and restrictions on the types of businesses that may continue to operate, as well as guidance in response to the pandemic and the need to contain it. The rules and restrictions put in place had a negative impact on the economy and business activity and may adversely impact the ability of the Company’s tenants, many of whom may be restricted in their ability to work, to pay their rent as and when due. Enforcing the Company’s rights as landlord against tenants who fail to pay rent or otherwise do not comply with the terms of their leases may not be possible as many jurisdictions, including those where are properties are located, have established rules and/or regulations preventing us from evicting tenants for certain periods in response to the pandemic. If the Company is unable to enforce its rights as landlords, our business would be materially affected. The extent to which the pandemic may impact the Company’s results will depend on future developments, which are highly uncertain and cannot be predicted as of the date of this report, including new information that may emerge concerning the severity of the pandemic and steps taken to contain the pandemic or treat its impact, among others. Nevertheless, the pandemic and the current financial, economic, and capital markets environment present material uncertainty and risk with respect to the Company’s performance, financial condition, results of operations and cash flows.

Variable Interest Entities

Variable Interest Entities	9 Months Ended
	Sep. 30, 2022
Variable Interest Entities [Abstract]
VARIABLE INTEREST ENTITIES	NOTE 2 – VARIABLE INTEREST ENTITIES During the nine months ended September 30, 2022, Gvest Finance LLC formed two wholly owned subsidiaries, Gvest Sunnyland Homes LLC and Gvest Warrenville Homes LLC, both of which are considered VIEs. The Company consolidates the accounts of Gvest Finance LLC, Gvest Homes I LLC, Gvest Anderson Homes LLC, Gvest Capital View Homes LLC, Gvest Hidden Oaks Homes LLC, Gvest Springlake Homes LLC, Gvest Carolinas 4 Homes LLC, Gvest Sunnyland Homes LLC, Gvest Warrenville Homes LLC, Brainerd Place LLC, and Bull Creek LLC and will continue to do so until they are no longer considered VIEs. During the quarter ended September 30, 2022, the Company refinanced most of its debt and used the refinance proceeds to pay off loans totaling $4,664,384 for which homes owned by Gvest Anderson Homes LLC, Gvest Capital View Homes LLC, Gvest Hidden Oaks Homes LLC, Gvest Carolinas 4 Homes LLC and Gvest Sunnyland Homes LLC were collateral. Homes in these communities were transferred to the Company’s wholly owned subsidiary, MHP Home Holdings LLC, in exchange for the debt paid off on behalf of these VIE entities owned by Gvest Finance LLC and intercompany debt forgiven totaling $460,226. This change in ownership of the homes is reflected in the current period’s balance sheet and the difference between the debt paid off and forgiven and the cost basis of the assets exchanged is reflected as an adjustment to additional paid in capital of $278,138 on the statement of changes in deficit which is eliminated in consolidation. Furthermore, the Company used refinance proceeds to pay off loans held by Gvest Finance LLC and Gvest Springlake Homes LLC which financed homes in the Springlake and Countryside communities. These VIE entities are in the process of obtaining replacement debt which has not been finalized of the date of this filing. An intercompany short-term loan of $3,908,731 is included in accrued liabilities and eliminated in consolidation equal to the Countryside and Springlake debt and refinance costs paid by the Company on the VIEs’ behalf. See Note 5 for more information about the refinance. Included in the unaudited condensed consolidated results of operations for the three months ended September 30, 2022 and 2021 were net loss of $376,105 and $516,506, respectively, after deducting an additional management fee equal to cash flow after debt service per the management agreement of $11,045 and $328,762, respectively. Included in the unaudited condensed consolidated results of operations for the nine months ended September 30, 2022 and 2021 were net loss of $786,590 and $343,073, respectively, after deducting an additional management fee equal to cash flow after debt service per the management agreement of $316,624 and $587,762, respectively. The consolidated balance sheets as of September 30, 2022 and December 31, 2021 included the following amounts related to the consolidated VIEs. September 30, December 31, (Unaudited) Assets Investment Property $ 13,809,989 $ 14,144,268 Accumulated Depreciation (870,439 ) (597,650 ) Net Investment Property 12,939,550 13,546,618 Cash and Cash Equivalents 43,729 98,900 Accounts Receivable 71,694 60,506 Other Assets 193,625 158,920 Total Assets $ 13,248,598 $ 13,864,944 Liabilities and Deficit Accounts Payable $ 163,181 $ 169,298 Notes Payable, net of $16,953 and $0 debt discount, respectively 2,513,230 6,793,319 Line of Credit, net of $141,061 and $151,749 debt discount, respectively 5,270,284 6,200,607 Accrued Liabilities* 6,876,694 1,679,233 Total Liabilities 14,823,389 14,842,457 Non-controlling Interest (1,574,791 ) (977,513 ) Total Non-controlling Interest in Variable Interest Entities (1,574,791 ) (977,513 ) * Included in accrued liabilities is an intercompany balance of $6,801,261 and $1,515,715 as of September 30, 2022 and December 31, 2021, respectively. The intercompany balances have been eliminated on the consolidated balance sheet.

Investment Property

Investment Property	9 Months Ended
	Sep. 30, 2022
Investment Property [Abstract]
INVESTMENT PROPERTY	NOTE 3 – INVESTMENT PROPERTY The following table summarizes the Company’s property and equipment balances are generally used to depreciate the assets on a straight-line basis: September 30, December 31, (Unaudited) Investment Property Land $ 27,845,291 $ 18,854,760 Site and Land Improvements 41,233,111 35,133,079 Buildings and Improvements 21,806,023 14,666,296 Construction in Process 2,575,086 3,030,456 Total Investment Property 93,459,511 71,684,591 Accumulated Depreciation (7,285,503 ) (4,832,300 ) Net Investment Property $ 86,174,008 $ 66,852,291 Depreciation expense totaled $898,963 and $507,493 for the three months ended September 30, 2022 and 2021, respectively, and $2,477,642 and $1,411,158 for the nine months ended September 30, 2022 and 2021, respectively. During the nine months ended September 30, 2022, Gvest Finance LLC, the Company’s VIE, purchased twenty-five new manufactured homes for approximately $1,300,000 for use in the Golden Isles, Springlake, Sunnyland, and Crestview communities. The majority of these recently purchased homes along with several new homes purchased during 2021 are not yet occupiable and still in the set-up phase as of September 30, 2022 and included in Construction in Process on the balance sheet as of that date. During the year ended December 31, 2021, Gvest Finance LLC, acquired thirty-four new manufactured homes for approximately $1,900,000 including set up costs for use in the Springlake community and fourteen new manufactured homes for approximately $860,000 including set up costs for use in the Golden Isles community that were not yet occupiable and were still in the set-up phase as of December 31, 2021 and were included in Construction in Process on the balance sheet as of that date.

Acquisitions and Dispositions

Acquisitions and Dispositions	9 Months Ended
	Sep. 30, 2022
Acquisitions and Disposals [Abstract]
ACQUISITIONS AND DISPOSITIONS	NOTE 4 – ACQUISITIONS AND DISPOSITIONS During the nine months ended September 30, 2022, the Company acquired nine communities and two large parcels of undeveloped land. These were acquisitions from third parties and have been accounted for as asset acquisitions. On January 31, 2022, the Company purchased a manufactured housing community located in Byron, Georgia consisting of 73 sites on approximately 18.57 acres and an adjacent parcel of 15.09 acres of undeveloped land for a total purchase price of $2,200,000. Sunnyland MHP LLC purchased the land and land improvements and the Company’s VIE, Gvest Sunnyland Homes LLC, purchased the homes. On March 31, 2022, the Company purchased two manufactured housing communities located in Warrenville, South Carolina consisting of 85 sites on approximately 45 acres for a total purchase price of $3,050,000. Warrenville MHP LLC purchased the land and land improvements and the Company’s VIE, Gvest Warrenville Homes LLC, purchased the homes. On June 17, 2022, the Company purchased a manufactured housing community located in Brunswick, Georgia consisting of 72 sites on approximately 17 acres for a total purchase price of $2,000,000. Spaulding MHP LLC purchased the land, land improvements, and homes. On June 28, 2022, the Company, through its wholly owned subsidiary Raeford MHP Development LLC, purchased 62 acres of undeveloped land zoned for approximately 200 mobile home lots in Raeford, North Carolina, a town in the Fayetteville Metropolitan Statistical Area for a total purchase price of $650,000. On July 7, 2022, the Company purchased a manufactured housing community located in Leesville, North Carolina consisting of 39 sites on approximately 11 acres for a total purchase price of $1,700,000. Solid Rock MHP LLC purchased the land and land improvements, and Solid Rock MHP Homes LLC purchased homes. On July 29, 2022, the Company purchased a manufactured housing community located in Clyde, North Carolina consisting of 51 sites on approximately 9 acres for a total purchase price of $3,044,769. Red Fox MHP LLC purchased the land, land improvements, and homes. On September 14, 2022, the Company purchased three manufactured housing communities located in Statesville, Thomasville, and Trinity, North Carolina consisting of 122 sites on approximately 75 acres for a total purchase price of $5,350,000. Statesville MHP LLC, Northview MHP LLC, and Timberview MHP LLC purchased the land and land improvements, and MHP Home Holdings LLC purchased homes. During the nine months ended September 30, 2021, the Company acquired four manufactured housing communities; one in Brunswick, Georgia, one in Anderson, South Carolina and two in Columbia, South Carolina, and accounted for all as asset acquisitions. The Company entered into various purchase agreements during and after the nine months ended September 30, 2022 totaling an aggregate purchase price commitment of $10,400,000, which are inclusive of probable and non-probable acquisitions that have the potential to close at a future date. See Note 9 for more information about acquisitions that occurred subsequent to September 30, 2022, including the Glynn Acres community and Wake Forest portfolio. Acquisition Date Name (number of communities, if multiple) Land Improvements Building Total March 2021 Golden Isles MHP $ 1,050,000 $ 487,500 $ - $ 1,537,500 March 2021 Golden Isles Gvest - - 787,500 787,500 July 2021 Anderson MHP (10) 2,310,000 763,417 120,390 3,193,807 July 2021 Anderson Gvest (10) - - 2,006,193 2,006,193 September 2021 Capital View MHP 350,000 757,064 - 1,107,064 September 2021 Capital View Gvest - - 342,936 342,936 September 2021 Hidden Oaks MHP 290,000 843,440 - 1,133,440 September 2021 Hidden Oaks Gvest - - 416,560 416,560 Total Purchase Price $ 4,000,000 $ 2,851,421 $ 3,673,579 $ 10,525,000 Acquisition Costs - 277,991 5,963 283,954 Total Investment Property $ 4,000,000 $ 3,129,412 $ 3,679,542 $ 10,808 ,954 January 2022 Sunnyland MHP $ 672,400 $ 891,580 $ - $ 1,563,980 January 2022 Sunnyland Gvest - - 636,020 636,020 March 2022 Warrenville MHP (2) 975,397 853,473 - 1,828,870 March 2022 Warrenville Gvest (2) - - 1,221,130 1,221,130 June 2022 Spaulding MHP 1,217,635 304,409 477,956 2,000,000 June 2022 Raeford MHP Parcel 650,000 - - 650,000 July 2022 Solid Rock MHP 1,001,966 206,928 491,106 1,700,000 July 2022 Red Fox MHP 1,622,748 840,560 581,461 3,044,769 September 2022 Statesville MHP 1,078,015 1,100,473 120,729 2,299,217 September 2022 Northview MHP 505,319 247,045 116,979 869,343 September 2022 Timberview MHP 1,010,639 1,021,868 148,933 2,181,440 Total Purchase Price $ 8,734,119 $ 5,466,336 $ 3,794,314 $ 17,994,769 Acquisition Costs 254,130 116,840 75,435 446,405 Total Investment Property $ 8,988,249 $ 5,583,176 $ 3,869,749 $ 18,441,174 Pro-forma Financial Information The following unaudited pro-forma information presents the combined results of operations for the three and nine months ended September 30, 2022 as if all acquisitions of manufactured housing communities during the three and nine months ended September 30, 2022, as well as several probable future acquisitions, had all occurred on January 1, 2022. The below also presents the combined results of operations for the three and nine months ended September 30, 2021 as if all acquisitions of manufactured housing communities during the year ended December 31, 2021 and during the three and nine months ended September 30, 2022, as well as several probable future acquisitions, had all occurred on January 1, 2021. Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Revenue $ 4,055,065 $ 3,716,227 $ 11,746,146 $ 10,821,958 Community operating expenses 1,461,667 1,337,657 4,300,685 3,996,857 Corporate payroll and overhead expenses 1,519,271 580,109 3,683,267 1,744,576 Depreciation expense 987,005 941,692 2,854,646 2,809,597 Interest expense 1,634,157 976,150 4,367,555 2,844,249 Refinance costs 3,604,671 - 3,620,422 16,675 Cost of home sales 22,676 - 177,410 - Other income 500 - 500 139,300 Net loss (5,173,882 ) (119,381 ) (7,257,339 ) (450,696 ) Net loss attributable to non-controlling interest (376,105 ) (558,605 ) (801,212 ) (512,510 ) Net income (loss) attributable to Manufactured Housing Properties, Inc (4,797,777 ) 439,224 (6,456,127 ) 61,814 Preferred stock dividends / accretion 523,161 557,580 1,619,585 1,627,254 Net loss $ (5,320,938 ) $ (118,356 ) $ (8,075,712 ) $ (1,565,440 ) Net loss per share $ (0.42 ) $ (0.01 ) $ (0.63 ) $ (0.12 )

Promissory Notes

Promissory Notes	9 Months Ended
	Sep. 30, 2022
Promissory Notes [Abstract]
PROMISSORY NOTES	NOTE 5 – PROMISSORY NOTES Promissory Notes The Company has issued promissory notes payable to lenders related to the acquisition of its manufactured housing communities and mobile homes. The interest rates on outstanding promissory notes range from 4% to 6% with 5 to 30 years principal amortization. The promissory notes are secured by the real estate assets and twenty-nine loans totaling $70,393,053 are guaranteed by Raymond M. Gee. On September 1, 2022, the Company, through its wholly owned subsidiaries, entered into twenty-three loan agreements with KeyBank National Association (“KeyBank”) and Fannie Mae for a total principal balance of $62,000,000. The loan proceeds were primarily used to pay off third party notes and line of credit with various other lenders totaling approximately $54,000,000, the promissory note issued to Metrolina discussed below for $1,500,000, and the revolving promissory note issued to Gvest Real Estate Capital LLC, discussed below for $2,000,000. KeyBank withheld approximately $4,000,000 in escrow for planned capital projects to improve the financed communities which is included in restricted cash on the unaudited condensed consolidated balance sheet. The Company recognized refinancing expense of $3,604,672 in connection with the debt extinguished including write-off of net unamortized debt issuance costs totaling $2,203,841, prepayment penalties of $1,385,596, and other fees of $15,234. The new loans with KeyBank are interest-only at 4.87% for the first 60 months of the term with principal and interest payments continuing thereafter until maturity on September 1, 2032. The Company may prepay the notes in part or in full subject to prepayment penalties if repaid before May 31, 2032, and without penalty if repaid on or subsequent to that date. The loans are secured by the real estate, which predominately excludes mobile homes, and are guaranteed by the Company and Raymond M. Gee. The Company capitalized $2,842,213 of debt issuance costs in connection with this refinancing including a $1,000,000 accrued guaranty fee owed to Raymond M. Gee to be paid at a later date. As of September 30, 2022, the outstanding principal balance on all third-party promissory notes was $74,662,052. The following are the terms of these notes: Maturity Interest Interest Only Balance Balance Pecan Grove MHP LLC 02/22/29 5.250 % - $ - $ 2,969,250 Pecan Grove MHP LLC - KeyBank* 09/01/32 4.870 % 60 4,489,000 - Azalea MHP LLC 03/01/29 5.400 % - - 790,481 Azalea MHP LLC - KeyBank* 09/01/32 4.870 % 60 1,830,000 - Holly Faye MHP LLC 03/01/29 5.400 % - - 579,825 Holly Faye MHP LLC - KeyBank* 09/01/32 4.870 % 60 1,608,000 - Chatham MHP LLC 04/01/24 5.875 % - - 1,698,800 Chatham MHP LLC - KeyBank* 09/01/32 4.870 % 60 2,263,000 - Lakeview MHP LLC 03/01/29 5.400 % - - 1,805,569 Lakeview MHP LLC - KeyBank* 09/01/32 4.870 % 60 3,229,000 - B&D MHP LLC 05/02/29 5.500 % - - 1,779,439 B&D MHP LLC - KeyBank* 09/01/32 4.870 % 60 2,887,000 - Hunt Club MHP LLC 01/01/33 3.430 % - - 2,398,689 Hunt Club MHP LLC - KeyBank* 09/01/32 4.870 % 60 2,756,000 - Crestview MHP LLC 12/31/30 3.250 % - - 4,682,508 Crestview MHP LLC - KeyBank* 09/01/32 4.870 % 60 4,625,000 - Maple Hills MHP LLC 12/01/30 3.250 % - - 2,341,254 Maple Hills MHP LLC - KeyBank* 09/01/32 4.870 % 60 2,570,000 - Springlake MHP LLC* 12/10/26 4.750 % 12 - 4,016,250 Springlake MHP LLC - KeyBank* 09/01/32 4.870 % 60 6,590,000 - ARC MHP LLC 01/01/30 5.500 % - - 3,809,742 ARC MHP LLC - KeyBank* 09/01/32 4.870 % 60 3,687,000 - Countryside MHP LLC 03/20/50 5.500 % 12 - 1,684,100 Countryside MHP LLC - KeyBank* 09/01/32 4.870 % 60 4,343,000 - Evergreen MHP LLC 04/01/32 3.990 % - - 1,115,261 Evergreen MHP LLC - KeyBank* 09/01/32 4.870 % 60 2,604,000 - Golden Isles MHP LLC 03/31/26 4.000 % 60 - 787,500 Golden Isles MHP LLC - KeyBank* 09/01/32 4.870 % 60 1,987,000 - Anderson MHP LLC* 07/10/26 5.210 % 24 - 2,153,807 Anderson MHP LLC - KeyBank* 09/01/32 4.870 % 60 5,118,000 - Capital View MHP LLC* 09/10/26 5.390 % 24 - 817,064 Capital View MHP LLC - KeyBank* 09/01/32 4.870 % 60 829,000 - Hidden Oaks MHP LLC* 09/10/26 5.330 % 24 - 823,440 Hidden Oaks MHP LLC - KeyBank* 09/01/32 4.870 % 60 764,000 - North Raleigh MHP LLC 11/01/26 4.750 % - - 5,304,409 North Raleigh MHP LLC - KeyBank* 09/01/32 4.870 % 60 5,279,000 - Charlotte 3 Park MHP LLC (Dixie, Driftwood, Meadowbrook) (1) 03/01/22 5.000 % 2 - 1,500,000 Charlotte 3 Park MHP LLC (Dixie, Driftwood, Meadowbrook) (2) 11/01/28 4.250 % - - Charlotte 3 Park MHP LLC (Dixie) - KeyBank 09/01/32 4.870 % 60 485,000 - Charlotte 3 Park MHP LLC (Driftwood) - KeyBank* 09/01/32 4.870 % 60 274,000 - Carolinas 4 MHP LLC (Asheboro, Morganton)* 01/10/27 5.300 % 36 - 3,105,070 Carolinas 4 MHP LLC (Asheboro) - KeyBank* 09/01/32 4.870 % 60 1,374,000 - Carolinas 4 MHP LLC (Morganton) - KeyBank* 09/01/32 4.870 % 60 1,352,000 - Sunnyland MHP LLC (2) 02/10/27 5.370 % 36 - - Sunnyland MHP LLC - KeyBank* 09/01/32 4.870 % 60 1,057,000 - Warrenville MHP LLC* 03/10/27 5.590 % 36 1,218,870 - Spaulding MHP LLC 07/22/43 WSJ Prime +1 % 12 1,600,000 - Solid Rock MHP LLC 07/07/32 5.000 % 12 925,000 - Red Fox MHP LLC 08/01/32 5.250 % 24 2,250,000 - Statesville MHP LLC* 09/13/25 SOFR +2.35 % 36 1,519,925 - Timberview MHP LLC* 09/13/25 SOFR +2.35 % 36 1,418,075 - Northview MHP LLC - land (Seller Finance) 09/15/27 6.000 % 60 792,654 - Statesville, Northview, and Timberview MHP LLC - homes (Seller Finance) 09/15/27 6.000 % 60 407,345 - Gvest Finance LLC (B&D homes) 05/01/24 5.000 % - 624,833 657,357 Gvest Finance LLC (Countryside homes) 03/20/50 5.500 % - - 1,287,843 Gvest Finance LLC (Golden Isles homes) 03/31/36 4.000 % 180 684,220 787,500 Gvest Anderson Homes LLC* 07/10/26 5.210 % 24 - 2,006,193 Gvest Capital View Homes LLC* 09/10/26 5.390 % 24 - 342,936 Gvest Hidden Oaks Homes LLC* 09/10/26 5.330 % 24 - 416,560 Gvest Carolinas 4 Homes LLC (Asheboro, Morganton)* 01/10/27 5.300 % 36 - 1,294,930 Gvest Sunnyland Homes LLC (2) 02/10/27 5.370 % 36 - - Gvest Warrenville Homes LLC* 03/10/27 5.590 % 36 1,221,130 - Total Notes Payable $ 74,662,052 $ 50,955,777 Discount Direct Lender Fees (3,561,671 ) (2,064,294 ) Total Net of Discount $ 71,100,381 $ 48,891,483 (1) The Company repaid the Charlotte 3 Park MHP LLC note payable of $1,500,000 on March 1, 2022 and recognized refinancing cost expense totaling $15,751. This community was refinanced on April 14, 2022 with a different lender and the Company capitalized $258,023 of debt issuance costs related to the new note. (2) The Company entered into and paid off these promissory notes within the nine months ended September 30, 2022. * The notes indicated above are subject to certain financial covenants. Lines of Credit – Variable Interest Entities Facility Borrower Community Maturity Interest Maximum Balance Balance Occupied Home Facility (1) Gvest Homes I LLC ARC, Crestview, Maple 01/01/30 8.375% $ 20,000,000 $ 2,446,084 $ 2,517,620 Multi-Community Rental Home Facility Gvest Finance LLC ARC, Golden Isles Various (3) Greater of 3.25% or Prime, + 375 bps $ 4,000,000 $ 1,475,714 $ 838,000 Multi-Community Floorplan Home Facility (1)(2) Gvest Finance LLC Golden Isles, Springlake, Sunnyland, Crestview Various (3) LIBOR + 6 – 8% based on days outstanding $ 2,000,000 $ 1,489,546 $ 1,104,255 Springlake Home Facility (2) Gvest Finance LLC Springlake 12/10/26 6.75% $ 3,300,000 $ - $ 1,892,481 Total Lines of Credit - VIEs $ 5,411,344 $ 6,352,356 Discount Direct Lender Fees $ (141,061 ) $ (151,749 ) Total Net of Discount $ 5,270,283 $ 6,200,607 (1) During the nine months ended September 30, 2022, the Company drew down $19,145 related to the Occupied Home Facility and $1,251,321 related to the Multi-Community Floorplan Home Facility and $693,881 was transferred from the Multi-Community Floorplan Home Facility to the Multi-Community Rental Home Facility as the homes became occupied as rental units. (2) Payments on the Multi-Community Floorplan Home Facility advances are interest only until each advance is paid off or transferred to the Multi-Community Rental Home Facility and payments on the Springlake Home Facility are interest only for the first six months. During the first quarter of 2022, the Company drew down $596,563 related to the Springlake Home Facility and used the proceeds to pay down the same amount on the Multi-Community Floorplan Home Facility so that all homes at Springlake were financed by one lender. During the nine months ended September 30, 2022, in connection with KeyBank refinancing, the Company repaid the outstanding balance of this facility on behalf of Gvest Finance LLC. (3) The maturity date of the of the Multi-Community Floorplan Line of Credit will vary based on each statement of financial transaction, a report identifying the funded homes and the applicable financial terms. The agreements for each of the above line of credit facilities require the maintenance of certain financial ratios or other affirmative and negative covenants. All the above line of credit facilities are guaranteed by Raymond M. Gee. Metrolina Promissory Note On October 22, 2021, the Company issued a promissory note to Metrolina Loan Holdings, LLC (“Metrolina”), a significant stockholder, in the principal amount of $1,500,000. As of December 31, 2021, the balance on this note was $1,500,000. On September 2, 2022, the Company repaid the full outstanding balance of the loan with proceeds from the KeyBank portfolio refinance. The note bore interest at a rate of 18% per annum and was set to mature on April 1, 2023. The note was guaranteed by Raymond M. Gee. During the nine months ended September 30, 2022 and 2021, interest expense totaled $181,233 and $0, respectively. During the three months ended September 30, 2022 and 2021, interest expense totaled $47,342 and $0, respectively. Raymond M. Gee Promissory Note On October 1, 2017, the Company issued a revolving promissory note to Raymond M. Gee, pursuant to which the Company could borrow up to $1,500,000 from Mr. Gee on a revolving basis for working capital purposes. In September 2020, the Company paid off the full balance; however, the line of credit remained available to the Company until it was cancelled in December 2021. As of September 30, 2022 and December 31, 2021, there was no outstanding balance on the note. Gvest Revolving Promissory Note On December 27, 2021, the Company issued a revolving promissory note to Gvest Real Estate Capital, LLC, an entity whose sole owner is Raymond M. Gee, the Company’s chairman and chief executive officer, pursuant to which the Company may borrow up to $1,500,000 on a revolving basis for working capital or acquisition purposes. As of December 31, 2021, the outstanding balance on this note was $150,000. On September 9, 2022, the Company paid off the full balance with proceeds from the KeyBank portfolio refinance. During the period while the note was outstanding, the maximum credit limit on this note was increased to $2,000,000 and the Company borrowed an aggregate of $2,700,000. This note had a five-year term and was interest-only based on a 15% annual rate through the maturity date and was unsecured. During the nine months ended September 30, 2022 and 2021, interest expense totaled $87,542 and $0, respectively. During the three months ended September 30, 2022 and 2021, interest expense totaled $59,167 and $0, respectively. NAV Real Estate LLC Promissory Note On June 29, 2022, the Company issued a revolving promissory note to NAV RE, LLC, an entity whose owners are Adam Martin, the Company’s chief investment officer, and his spouse, pursuant to which the Company may borrow up to $2,000,000 on a revolving basis for working capital or acquisition purposes. On the same date, the Company borrowed $2,000,000. As of September 30, 2022, the outstanding principal balance on this note was $2,000,000. This note has a five-year term and is interest-only based on an 15% annual rate through the maturity date and is unsecured. During the three and nine months ended September 30, 2022, interest expense totaled $76,667 and $77,500, respectively. Maturities of Long-Term Obligations for Five Years and Beyond The minimum annual principal payments of notes payable at September 30, 2022 by fiscal year were: 2022 41,147 2023 367,130 2024 1,751,244 2025 3,362,574 2026 454,742 Thereafter 76,096,560 Total minimum principal payments $ 82,073,396

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 6 – COMMITMENTS AND CONTINGENCIES From time to time, the Company may become involved in various lawsuits and legal proceedings, which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise that may harm its business. The Company is currently not aware of any such legal proceedings or claims that they believe will have, individually or in the aggregate, a material adverse effect on its business, financial condition, or operating results.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2022
Stockholders' Equity Note [Abstract]
STOCKHOLDERS' EQUITY	NOTE 7 – STOCKHOLDERS’ EQUITY Preferred Stock The Company is authorized to issue up to 10,000,000 shares of preferred stock, $0.01 par value. Series A Cumulative Convertible Preferred Stock On May 8, 2019, the Company filed a certificate of designation with the Nevada Secretary of State pursuant to which the Company designated 4,000,000 shares of its preferred stock as Series A Cumulative Convertible Preferred Stock (the “Series A Preferred Stock”). The Series A Preferred Stock has the following voting powers, designations, preferences and relative rights, qualifications, limitations or restrictions: Ranking pari passu Dividend Rate and Payment Dates Liquidation Preference pari passu Stockholder Optional Conversion Company Call and Stockholder Put Options Voting Rights As of September 30, 2022 and December 31, 2021, there were 1,866,000 and 1,886,000 shares of Series A Preferred Stock issued and outstanding, respectively. As of September 30, 2022, the Series A Preferred Stock balance was made up of Series A Preferred Stock totaling $4,665,000 and accretion of put options totaling $1,464,145. As of December 31, 2021, the Series A Preferred Stock balance was made up of Series A Preferred Stock totaling $4,715,000 and accretion of put options totaling $1,126,771. Series B Cumulative Redeemable Preferred Stock On December 2, 2019, the Company filed a certificate of designation with the Nevada Secretary of State pursuant to which the Company designated 1,000,000 shares of its preferred stock as Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”). The Series B Preferred Stock has the following voting powers, designations, preferences and relative rights, qualifications, limitations, or restrictions: Ranking pari passu Dividend Rate and Payment Dates Liquidation Preference pari passu Company Call and Stockholder Put Options Voting Rights No Conversion Right On November 1, 2019, the Company launched an offering under Regulation A of Section 3(6) of the Securities Act of 1933, as, amended, for Tier 2 offerings, pursuant to which the Company offered up to 1,000,000 shares of Series B Preferred Stock at an offering price of $10.00 per share, for a maximum offering amount of $10,000,000. In addition, the Company offered bonus shares to early investors in this offering, whereby the first 400 investors received, in addition to Series B Preferred Stock, 100 shares of Common Stock, regardless of the amount invested, for a total of 40,000 shares of Common Stock. This offering terminated on March 30, 2021 thus, the Company sold no shares of Series B Preferred Stock during the nine months ended September 30, 2022. During the nine months ended September 30, 2021, the Company sold an aggregate of 117,297 shares of Series B Preferred Stock for total gross proceeds of $1,172,970. After deducting a placement fee and other expenses, the Company received net proceeds of $1,087,485. As of September 30, 2022, there were 747,951 shares of Series B Preferred Stock issued and outstanding and the Series B Preferred Stock balance was made up of Series B Preferred Stock, net of commissions, totaling $7,079,716 and accretion of put options totaling $1,860,898. As of December 31, 2021, there were 758,551 shares of Series B Preferred Stock issued and outstanding and the Series B Preferred Stock balance was made up of Series B Preferred Stock, net of commissions, totaling $7,185,716 and accretion of put options totaling $1,332,878. Series C Cumulative Redeemable Preferred Stock On May 24, 2021, the Company filed an amended and restated certificate of designation with the Nevada Secretary of State pursuant to which the Company designated 47,000 shares of its preferred stock as Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”). The Series C Preferred Stock has the following voting powers, designations, preferences and relative rights, qualifications, limitations or restrictions: Ranking pari passu Stated Value Dividend Rate and Payment Dates Liquidation Preference pari passu Redemption Request at the Option of a Holder ● 11% if the redemption is requested on or before the first anniversary of the original issuance of such shares; ● 8% if the redemption is requested after the first anniversary and on or before the second anniversary of the original issuance of such shares; ● 5% if the redemption is requested after the second anniversary and on or before the third anniversary of the original issuance of such shares; and ● after the third anniversary of the date of original issuance of shares to be redeemed, no redemption fee shall be subtracted from the redemption price. Optional Redemption by the Company provided, th Mandatory Redemption by the Company . th Voting Rights. No Conversion Right In accordance with ASC 480-10, the Series C Preferred Stock is treated as a liability and is presented net of unamortized debt issuance costs on the balance sheet because the Company has an unconditional obligation to redeem the Series C Preferred Stock and dividends on the Preferred C Stock are included in interest expense. On June 11, 2021, the Company launched a new offering under Regulation A of Section 3(6) of the Securities Act for Tier 2 offerings, pursuant to which the Company is offering up to 47,000 shares of Series C Preferred Stock at an offering price of $1,000 per share for a maximum offering amount of $47 million. During the nine months ended September 30, 2022, the Company sold an aggregate of 10,260 shares of Series C Preferred Stock for total gross proceeds of $10,253,917. After deducting a placement fee and other expenses, the Company received net proceeds of $9,573,085. As of September 30, 2022 there were 15,994 shares of Series C Preferred Stock issued and outstanding and the Series C Preferred Stock balance was made up of Series C Preferred Stock gross proceeds totaling $15,988,317 net of total unamortized debt issuance costs of $1,099,951. As of December 31, 2021, there were 5,734 shares of Series C Preferred Stock issued and outstanding and the Series C Preferred Stock balance was made up of Series C Preferred Stock gross proceeds totaling $ 5,734,400 Common Stock The Company is authorized to issue up to 200,000,000 shares of Common Stock, par value $0.01 per share. As of September 30, 2022 and December 31, 2021, there were 12,478,012 and 12,403,680 shares of Common Stock issued and outstanding, respectively. Stock Issued for Cash During the nine months ended September 30, 2022, the Company issued 74,332 shares of Common Stock upon employee exercise of stock options for total exercise price of $743. During the nine months ended September 30, 2021, the Company issued 5,100 shares of Common Stock, valued at $1,377, to early investors in the prior Regulation A offering. Equity Incentive Plan In December 2017, the Board of Directors, with the approval of a majority of the stockholders of the Company, adopted the Manufactured Housing Properties Inc. Stock Compensation Plan (the “Plan”) which is administered by the Compensation Committee. As of September 30, 2022, there were 503,842 shares granted and 496,158 shares remaining available under the Plan. The Company has issued options to directors, officers, and employees under the Plan. During the nine months ended September 30, 2022 and 2021, the Company issued 145,000 and 50,000 options and recorded stock option expense of $105,884 and $38,033, respectively. The aggregate fair value of the options issued during the nine months ended September 30, 2022 was $570,221. The vesting schedule for 100,000 options issued to an officer in April 2022 is as follows: one third vest after one year, and two thirds vest in equal installments over the succeeding two-year period. The vesting schedule for the other 45,000 options issued during the nine months ended 2022 is as follows: one third vest immediately, and two thirds vest in equal annual installments over the succeeding two-year period. All options were granted at a price of $0.01 per share, which represents a price that may be deemed to be below the market value per share of the Company’s common stock as defined by the Plan. The following table summarizes the stock options outstanding as of September 30, 2022: Number of Weighted Weighted Outstanding at December 31, 2021 706,175 $ 0.01 6.6 Granted 145,000 0.01 9.5 Exercised (78,333 ) (0.01 ) (6.2 ) Forfeited / cancelled / expired (269,000 ) (0.01 ) (5.9 ) Outstanding at September 30, 2022 503,842 0.01 6.8 Exercisable at September 30, 2022 357,175 0.01 5.7 As of September 30, 2022, there were 503,842 “in-the-money” options with an aggregate intrinsic value of $851,493. The aggregate intrinsic value represents the total intrinsic value (the difference between the Company’s closing stock price at fiscal year-end and the exercise price, multiplied by the number of in-the-money options) that would have been received by the option holder had all options holders exercised their options on September 30, 2022. The following table summarizes information concerning options outstanding as of September 30, 2022. Strike Price Outstanding Weighted Weighted Vested stock Weighted $ 0.01 288,675 5.2 $ 0.01 288,675 $ 0.01 $ 0.01 28,500 7.3 $ 0.01 28,500 $ 0.01 $ 0.01 50,000 8.3 $ 0.01 33,333 $ 0.01 $ 0.01 136,667 9.5 $ 0.01 6,667 $ 0.01 The table below presents the weighted average expected life in years of options granted under the Plan as described above. The risk-free rate of the stock options is based on the U.S. Treasury yield curve in effect at the time of grant, which corresponds with the expected term of the option granted. The fair value of stock options was estimated using the Black Scholes option pricing model with the following assumptions for grants made during the periods indicated. Stock option assumptions September 30, September 30, Risk-free interest rate 1.40-2.84% 0.26-1.40% Expected dividend yield 0.00% 0.00% Expected volatility 237.85-249.77% 16.03-273.98% Expected life of options (in years) 6.5-7 6.5

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 8 – RELATED PARTY TRANSACTIONS See Note 5 for information regarding the promissory notes issued to Metrolina, a significant stockholder, the revolving promissory note issued to Gvest Real Estate Capital, LLC, an entity whose sole owner is Raymond M. Gee, the Company’s chairman and chief executive officer, and the revolving promissory note issued to NAV Real Estate, LLC, an entity whose owners are Adam Martin, the Company’s chief investment officer, and his spouse. In August 2019, the Company entered into an office lease agreement with 136 Main Street LLC, an entity whose sole owner is Gvest Real Estate LLC, whose sole owner is Mr. Gee, for the lease of the Company’s offices. The lease is $12,000 per month and is on a month-to-month term. During the nine months ended September 30, 2022 and 2021, the Company paid $108,000 of rent expense to 136 Main Street LLC. During the three months ended September 30, 2022 and 2021, the Company paid $36,000 of rent expense to 136 Main Street LLC. During the nine months ended September 30, 2022, Raymond M. Gee received fees totaling $1,080,000 for his personal guaranty on certain promissory notes relating to the acquisition and refinancing of mobile home communities owned by the Company, including $250,000 in relation to the Asheboro and Morganton acquisitions which were accrued for at December 31, 2021 and paid in January 2022. The Company also accrued $1,000,000 guaranty fee owed to Raymond M. Gee during the nine months ended September 30, 2022 for his personal guaranty of the KeyBank $62 million portfolio refinance made up of several loans discussed in Note 5 to be paid at a later date. During the nine months ended September 30, 2021, Mr. Gee received $400,000 for his personal guaranties on four promissory notes relating to the acquisitions of the assets acquired by the Company at our Anderson, Capital View, and Hidden Oaks Communities. During the nine months ended September 30, 2022, the Company entered into a consulting agreement with Gvest Real Estate Capital, LLC for development consulting and management services related to several upcoming mobile home community development projects at the Sunnyland and Raeford properties and assistance with major capital improvement projects at existing communities. The consulting agreement is $8,000 per month and is on a month-to-month term. During the nine months ended September 30, 2022, the Company paid $8,000 for development consulting services to Gvest Real Estate Capital LLC. During the nine months ended September 30, 2022, the Company entered into a consulting agreement with Two Oaks Capital LLC, and entity whose sole owner is John Gee, a director of the Company and son of Raymond M. Gee, for consulting services related to the KeyBank Refinance totaling $32,000. During the nine months ended September 30, 2022, the Company entered into an agreement with Gvest Capital LLC, an entity whose sole owner is Raymond M. Gee, and its employee Michael P. Kelly, a significant beneficial stockholder, whereby the Company pays a fee per completed acquisition and a monthly retainer fee to Mr. Kelly for legal services in connection with acquisitions and other operating matters. During the three and nine months ended September 30, 2022, the company paid Mr. Kelly $35,000 and $55,000, respectively. See Note 2 for information regarding related party VIEs.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 9 – SUBSEQUENT EVENTS Additional Closings of Regulation A Offering Subsequent to September 30, 2022, the Company sold an aggregate of 2,294 shares of Series C Preferred Stock in additional closings of this offering for total gross proceeds of $2,291,580. After deducting a placement fee, the Company received net proceeds of approximately $2,140,701. Glynn Acres Acquisition On July 12, 2022, MHP Pursuits LLC entered into a purchase and sale agreement with an individual for the purchase of a manufactured housing community located in Brunswick, Georgia, consisting of 21 sites and 21 homes on approximately 2.9 acres for a total purchase price of $1,125,000. On September 27, 2022, MHP Pursuits LLC assigned its rights and obligations in the purchase agreement to Glynn Acres MHP LLC, an entity wholly owned by the Company, pursuant to an assignment of purchase and sale agreement. On October 7, 2022, closing of the purchase agreement was completed and Glynn Acres MHP LLC purchased the land, land improvements, and buildings, further expanding the Company’s presence in the Brunswick market. Proforma financial information is included in the unaudited proforma combined results of operations in Note 4. In connection with the closing of the property, on October 7, 2022, Glynn Acres MHP LLC entered into a loan agreement with the sellers, a third-party, for a loan in the principal amount of $900,000 and issued a promissory note to the lenders for the same amount. Interest on the disbursed and unpaid principal balance accrues from the date funds are first disbursed at a rate of 6.00% per annum, interest only until maturity on November 1, 2042. Payments of $6,448 will begin on December 1, 2022 and continue the 1 st The note is secured by a first priority security interest in the property. The loan agreement and note contain customary financial and other covenants and events of default for a loan of its type. Stock Options Exercise On October 4, 2022, the Company issued 15,000 common shares to a former employee upon exercise of stock options pursuant to the Stock Compensation Plan administered by the Compensation Committee. Wake Forest Portfolio Acquisition On June 24, 2022, MHP Pursuits LLC entered into a purchase and sale agreement with two individuals for the purchase of 100% membership interests in MACRAL Properties LLC and Ron-Ran Enterprises LLC, two North Carolina limited liability companies that own two manufactured housing communities located in Wake Forest, North Carolina, a part of the Raleigh metropolitan area, for a total purchase price of $4,500,000. The two communities consist of 72 sites and 54 homes on approximately 43 acres. On November 11, 2022, MHP Pursuits LLC assigned its rights and obligations in the purchase agreement to Wake Forest 2 MHP LLC and Gvest Wake Forest 2 Homes LLC pursuant to an assignment of purchase and sale agreement. On November 14, 2022, closing of the purchase agreement was completed and Wake Forest 2 MHP LLC purchased the membership interests. Proforma financial information is included in the unaudited proforma combined results of operations in Note 4. In connection with the closing of the property, on November 14, 2022, MACRAL Properties LLC, Ron-Ran Enterprises LLC, and Gvest Wake Forest 2 Homes LLC, entered into a loan agreement with Vanderbilt Mortgage and Finance for a loan in the principal amount of $3,600,000 and issued a promissory note to the lender for the same amount. Interest on the disbursed and unpaid principal balance accrues from the date funds are first disbursed at a rate of 7.39% per annum. Interest only payments will begin on January 10, 2023 and continue the 10 th The note is secured by a first priority security interest in the property. The loan agreement and note contain customary financial and other covenants and events of default for a loan of its type.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Organization	Organization Manufactured Housing Properties Inc. (the “Company”) is a Nevada corporation whose principal activities are to acquire, own, and operate manufactured housing communities.
Basis of Presentation	Basis of Presentation The Company prepares its consolidated financial statements under the accrual basis of accounting, in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with GAAP for interim financial information and with the instructions to Form 10-Q of Regulation S-X. They do not include all information and footnotes required by GAAP for complete financial statements. The December 31, 2021 consolidated balance sheet data was derived from audited financial statements but does not include all disclosures required by GAAP. However, except as disclosed herein, there has been no material change in the information disclosed in the notes to the consolidated financial statements for the year ended December 31, 2021 included in the Company’s Annual Report on Form 10-K, as filed with the Securities and Exchange Commission on March 31, 2022. The interim unaudited condensed consolidated financial statements should be read in conjunction with those consolidated financial statements included in the Form 10-K. In the opinion of management, all adjustments considered necessary for a fair statement of the financial statements, consisting solely of normal recurring adjustments, have been made. Operating results for the three and nine months ended September 30, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022.
Principles of Consolidation	Principles of Consolidation The unaudited condensed consolidated financial statements include the accounts of the Company, entities controlled by the Company through its direct or indirect ownership of a majority interest, and any other entities in which the Company has a controlling financial interest. The Company consolidates variable interest entities (“VIEs”) where the Company is the primary beneficiary. The primary beneficiary of a VIE is the party that has both the power to direct the activities that most significantly impact the VIE’s economic performance, and the obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIE. The Company’s formation of all subsidiaries and VIEs’ date of consolidation are as follows: Name of Subsidiary State of Formation Date of Formation Ownership Pecan Grove MHP LLC North Carolina October 12, 2016 100% Azalea MHP LLC North Carolina October 25, 2017 100% Holly Faye MHP LLC North Carolina October 25, 2017 100% Chatham Pines MHP LLC North Carolina October 31, 2017 100% Maple Hills MHP LLC North Carolina October 31, 2017 100% Lakeview MHP LLC South Carolina November 1, 2017 100% MHP Pursuits LLC North Carolina January 31, 2019 100% Mobile Home Rentals LLC North Carolina September 30, 2016 100% Hunt Club MHP LLC South Carolina March 8, 2019 100% B&D MHP LLC South Carolina April 4, 2019 100% Crestview MHP LLC North Carolina June 28, 2019 100% Springlake MHP LLC Georgia October 10, 2019 100% ARC MHP LLC South Carolina November 13, 2019 100% Countryside MHP LLC South Carolina March 12, 2020 100% Evergreen MHP LLC Tennessee March 17, 2020 100% Golden Isles MHP LLC Georgia March 16, 2021 100% Anderson MHP LLC South Carolina June 2, 2021 100% Capital View MHP LLC South Carolina August 6, 2021 100% Hidden Oaks MHP LLC South Carolina August 6, 2021 100% North Raleigh MHP LLC North Carolina September 16, 2021 100% Carolinas 4 MHP LLC North Carolina November 30, 2021 100% Charlotte 3 Park MHP LLC North Carolina December 10, 2021 100% Sunnyland MHP LLC Georgia January 7, 2022 100% Warrenville MHP LLC South Carolina February 15, 2022 100% Solid Rock MHP LLC South Carolina June 6, 2022 100% Spaulding MHP LLC Georgia June 10, 2022 100% Raeford MHP Development LLC North Carolina June 20, 2022 100% Solid Rock MHP Homes LLC South Carolina June 22, 2022 100% Country Estates MHP LLC* North Carolina July 6, 2022 100% Statesville MHP LLC North Carolina July 6, 2022 100% Timberview MHP LLC North Carolina July 7, 2022 100% Red Fox MHP LLC North Carolina July 7, 2022 100% Northview MHP LLC North Carolina July 8, 2022 100% Meadowbrook MHP LLC South Carolina July 25, 2022 100% Sunnyland 2 MHP LLC Georgia July 27, 2022 100% Dalton 3 MHP LLC* Georgia August 8, 2022 100% MHP Home Holdings LLC North Carolina August 17, 2022 100% Glynn Acres MHP LLC* Georgia September 9, 2022 100% Wake Forest 2 MHP LLC* North Carolina October 27, 2022 100% Gvest Finance LLC North Carolina December 11, 2018 VIE Gvest Homes I LLC Delaware November 9, 2020 VIE Brainerd Place LLC Delaware February 24, 2021 VIE Bull Creek LLC Delaware April 13, 2021 VIE Gvest Anderson Homes LLC Delaware June 22, 2021 VIE Gvest Capital View Homes LLC Delaware August 6, 2021 VIE Gvest Hidden Oaks Homes LLC Delaware August 6, 2021 VIE Gvest Springlake Homes LLC Delaware September 24, 2021 VIE Gvest Carolinas 4 Homes LLC Delaware November 13, 2021 VIE Gvest Sunnyland Homes LLC Delaware January 6, 2022 VIE Gvest Warrenville Homes LLC Delaware February 14, 2022 VIE Gvest Wake Forest 2 Homes LLC* North Carolina October 27, 2022 VIE * During the three and nine months ended September 30, 2022, there was no activity in Country Estates MHP LLC, Dalton 3 MHP LLC, Glynn Acres MHP LLC, Wake Forest 2 MHP LLC, and Gvest Wake Forest 2 Homes LLC. All intercompany transactions and balances have been eliminated in consolidation. The Company does not have a majority or minority interest in any other company, either consolidated or unconsolidated.
Revenue Recognition	Revenue Recognition Mobile home rental and related income is generated from lease agreements for our sites and homes. The lease component of these agreements is accounted for under Topic 842 of the Financial Accounting Standards Board, or FASB, Accounting Standards Codification, or ASC, for leases. Under ASC 842, the Company must assess on an individual lease basis whether it is probable that we will collect the future lease payments. The Company considers the tenant’s payment history and current credit status when assessing collectability. When collectability is not deemed probable, the Company will write-off the tenant’s receivables, including straight-line rent receivable, and limit lease income to cash received. The Company’s revenues primarily consist of rental revenues and other rental related fee income. The Company has the following revenue sources and revenue recognition policies: ● Rental revenues include revenues from the leasing of land lot or a combination of both, the mobile home and land at our properties to tenants. ● Revenues from the leasing of land lot or a combination of both, the mobile home and land at the Company’s properties to tenants include (i) lease components, including land lot or a combination of both, the mobile home and land, and (ii) reimbursement of utilities and account for the components as a single lease component in accordance with ASC 842. ● Revenues derived from fixed lease payments are recognized on a straight-line basis over the non-cancelable period of the lease. The Company commences rental revenue recognition when the underlying asset is available for use by the lessee. Revenue derived from the reimbursement of utilities are generally recognized in the same period as the related expenses are incurred. The majority of the Company’s leases are month-to-month. Revenue from sales of manufactured homes is recognized in accordance with the core principle of ASC 606, at the time of closing when control of the home transfers to the customer. After closing of the sale transaction, the Company generally has no remaining performance obligation.
Accounts Receivable	Accounts Receivable Accounts receivable consist primarily of amounts currently due from residents. Accounts receivable are reported in the balance sheet at outstanding principal adjusted for any charge-offs and allowance for losses. The Company records an allowance for bad debt when receivables are over 90 days old.
Acquisitions	Acquisitions The Company accounts for acquisitions as asset acquisitions in accordance with ASC 805, “Business Combinations,” and allocates the purchase price of the property based upon the fair value of the assets acquired, which generally consist of land, site and land improvements, buildings and improvements and rental homes. The Company allocates the purchase price of an acquired property generally determined by internal evaluation as well as third-party appraisal of the property obtained in conjunction with the purchase.
Variable Interest Entities	Variable Interest Entities In December 2020, the Company entered into a property management agreement with Gvest Finance LLC, a company owned and controlled by the Company’s parent company, Gvest Real Estate Capital LLC, an entity whose sole owner is Raymond M. Gee, the Company’s chairman and chief executive officer, and has subsequently entered into property management agreements with Gvest Homes I LLC, Gvest Anderson Homes LLC, Gvest Capital View Homes LLC, Gvest Hidden Oaks Homes LLC, Gvest Springlake Homes LLC, Gvest Carolinas 4 Homes LLC, Gvest Sunnyland Homes LLC and Gvest Warrenville Homes LLC, which are all wholly owned subsidiaries of Gvest Finance LLC. Under the property management agreements, the Company manages the homes owned by the VIEs and the VIEs remit to the Company all income, less any sums paid out for operational expenses and debt service but retain 5% of the debt service payment as a reserve. Additionally, during 2021, the Company formed two entities, Brainerd Place LLC and Bull Creek LLC, for the purpose of exploring opportunities to develop mobile home communities. The Company owns 49% of these entities and Gvest Real Estate LLC, an entity whose sole owner is Raymond M. Gee, owns 51%. The Company also executed operating agreements with these entities which designate Gvest Capital Management LLC, a company owned and controlled by Gvest Real Estate Capital LLC, as manager with the authority, power, and discretion to manage and control the entities’ business decisions. The operating agreements require the Company to make cash contributions to the entities to fund their activities, operations, and existence, if the Company approves the contribution requests from the manager, which ultimately provides the Company with power to direct the economically significant activities of these entities. A company with interests in a VIE must consolidate the entity if the company is deemed to be the primary beneficiary of the VIE; that is, if it has both (1) the power to direct the economically significant activities of the entity and (2) the obligation to absorb losses of, or the right to receive benefits from, the entity that could potentially be significant to the VIE. Such a determination requires management to evaluate circumstances and relationships that may be difficult to understand and to make a significant judgment, and to repeat the evaluation at each subsequent reporting date. Primarily due to the Company’s common ownership by Mr. Gee, its power to direct the activities of these entities that most significantly impact their economic performance, and the fact that the Company has the obligation to absorb losses or the right to receive benefits from these entities that could potentially be significant to these entities, the entities listed above are considered to be VIEs in accordance with applicable GAAP.
Net Income (Loss) Per Share	Net Income (Loss) Per Share Basic net income (loss) per share is calculated by dividing net income (loss) by the weighted average number of common shares outstanding, including vested penny stock options during the period. Diluted net income (loss) per share is calculated by dividing net income (loss) by the weighted average number of common shares outstanding plus the weighted average number of net shares that would be issued upon exercise of stock options pursuant to the treasury stock method. For the nine months ended September 30, 2022, the potentially dilutive penny options for the purchase of 357,176 shares of Common Stock were included in basic loss per share. Other securities outstanding as of September 30, 2022 not included in dilutive loss per share, as the effect would be anti-dilutive, were 146,666 stock options and 1,866,000 shares of Series A Cumulative Redeemable Convertible Preferred Stock, which are convertible into Common Stock for a total of 1,866,000 shares. For the nine months ended September 30, 2021, the potentially dilutive penny options for the purchase of 519,675 shares of Common Stock were included in basic loss per share. Other securities outstanding as of September 30, 2021 not included in dilutive loss per share, as the effect would be anti-dilutive, were 186,500 stock options and 1,886,000 shares of Series A Cumulative Redeemable Convertible Preferred Stock, which were convertible into Common Stock for a total of 1,886,000 shares.
Use of Estimates	Use of Estimates The presentation of financial statements in conformity with GAAP requires management to make estimates and assumptions that effect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates.
Investment Property and Depreciation	Investment Property and Depreciation Investment real property and equipment are carried at cost. Depreciation of buildings, improvements to sites and buildings, rental homes, equipment, and vehicles is computed principally on the straight-line method over the estimated useful lives of the assets (ranging from 3 to 25 years). Land development costs are not depreciated until they are put in use, at which time they are capitalized as land improvements. Interest Expense pertaining to Land Development Costs are capitalized. Maintenance and Repairs are charged to expense as incurred and improvements are capitalized. The costs and related accumulated depreciation of property sold or otherwise disposed of are removed from the financial statement and any gain or loss is reflected in the current period’s results of operations.
Impairment Policy	Impairment Policy The Company applies FASB ASC 360-10, “Property, Plant & Equipment,” to measure impairment in real estate investments. Rental properties are individually evaluated for impairment when conditions exist which may indicate that it is probable that the sum of expected future cash flows (on an undiscounted basis without interest) from a rental property is less than the carrying value under its historical net cost basis. These expected future cash flows consider factors such as future operating income, trends and prospects as well as the effects of leasing demand, competition and other factors. Upon determination that a permanent impairment has occurred, rental properties are reduced to their fair value. For properties to be disposed of, an impairment loss is recognized when the fair value of the property, less the estimated cost to sell, is less than the carrying amount of the property measured at the time there is a commitment to sell the property and/or it is actively being marketed for sale. A property to be disposed of is reported at the lower of its carrying amount or its estimated fair value, less its cost to sell. Subsequent to the date that a property is held for disposition, depreciation expense is not recorded. There was no impairment during the three and nine months ended September 30, 2022 and 2021.
Cash, Cash Equivalents, and Restricted Cash	Cash, Cash Equivalents, and Restricted Cash The Company considers all highly liquid financial instruments purchased with an original maturity of three months or less to be cash equivalents. As of September 30, 2022, restricted cash consisted of $5,018,079 related to cash reserved for tenant security deposits of $863,961 and lender escrows for capital improvements, insurance, and real estate taxes of $4,154,118. As of December 31, 2021, restricted cash consisted of $705,195 related to cash reserved for tenant security deposits. The Company maintains cash balances at banks and deposits at times may exceed federally insured limits. Management believes that the financial institutions that hold the Company’s cash are financially secure and, accordingly, minimal credit risk exists. At September 30, 2022 and December 31, 2021, the Company had approximately $642,000 and $763,000 above the FDIC-insured limit, respectively.
Liquidity	Liquidity The consolidated financial statements have been prepared in conformity with GAAP, which contemplate continuation of the Company as a going concern. The Company has incurred net losses each year since inception and has experienced nearly breakeven cash flows from operations during the nine months ended September 30, 2022. The portfolio refinance with KeyBank discussed in Note 5 drove the large net loss for the quarter ended September 30, 2022, which is a non-recurring cost going forward. Additionally, the Company is in an acquisitive, growth stage whereby it has doubled the number of home sites in its portfolio of manufactured housing communities over the past two years. T The Company has incurred additional corporate payroll and overhead and interest expense in order to accomplish such growth which has driven losses and used operating cash flow. The Company believes its current available cash and is sufficient to fund its operations for at least the next twelve months following the filing of these consolidated financial statements and through December 2023. The Company also has two revolving promissory notes available to it from its officers as detailed in Note 5, if needed for working capital or other cash flow needs. The Company’s continued growth depends on the availability of suitable properties which meet its investment criteria and appropriate financing, which includes its ability to raise capital. There is no guarantee that any of these additional opportunities will materialize or that the Company will be able to take advantage of such opportunities. There can be no assurance that financing will be available in amounts or terms acceptable to the Company, if at all. To the extent that funds or appropriate communities are not available, fewer acquisitions and capital improvements will be made.
Stock Based Compensation	Stock Based Compensation All stock based payments to employees, nonemployee consultants, and to nonemployee directors for their services as directors, including any grants of restricted stock and stock options, are measured at fair value on the grant date and recognized in the statements of operations as compensation or other expense over the relevant service period in accordance with FASB ASC Topic 718. Stock based payments to nonemployees are recognized as an expense over the period of performance. Such payments are measured at fair value at the earlier of the date a performance commitment is reached, or the date performance is completed. In addition, for awards that vest immediately and are nonforfeitable, the measurement date is the date the award is issued. The Company recorded stock option expense of $105,884 and $38,033 during the nine months ended September 30, 2022 and 2021, respectively.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company follows paragraph 825-10-50-10 of the FASB ASC for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB ASC to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in GAAP and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. Most of the Company’s financial assets do not have a quoted market value. Therefore, estimates of fair value are necessarily based on a number of significant assumptions (many of which involve events outside the control of management). Such assumptions include assessments of current economic conditions, perceived risks associated with these financial instruments and their counterparties, future expected loss experience and other factors. Given the uncertainties surrounding these assumptions, the reported fair values represent estimates only and, therefore, cannot be compared to the historical accounting model. Use of different assumptions or methodologies is likely to result in significantly different fair value estimates. The fair value of cash and cash equivalents, accounts receivables, and accounts payable approximates their current carrying amounts since all such items are short-term in nature. The fair value of variable and fixed rate mortgages payable and lines of credit approximate their current carrying amounts on the balance sheet since such amounts payable are at approximately a weighted average current market rate of interest.
Income Taxes	Income Taxes The Company accounts for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, the Company determines deferred tax assets and liabilities on the basis of the differences between the financial statement and tax bases of assets and liabilities by using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. The Company recognizes deferred tax assets to the extent that the Company believes that these assets are more likely than not to be realized. In making such a determination, the Company considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, and results of recent operations. If the Company determines that it would be able to realize its deferred tax assets in the future in excess of their net recorded amount, the Company would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. The Company records uncertain tax positions in accordance with ASC 740 on the basis of a two-step process in which (1) the Company determines whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position and (2) for those tax positions that meet the more-likely-than-not recognition threshold, the Company recognizes the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. The Company recognizes interest and penalties, if any, with income tax expense in the accompanying unaudited condensed consolidated statement of operations. As of September 30, 2022, and December 31, 2021, there were no such accrued interest or penalties.
Reclassifications	Reclassifications Certain amounts in the prior period presentation have been reclassified to conform with the current presentation. For the year ended December 31, 2021, the Company reclassed $705,195 cash reserved for tenant security deposits to separately present as restricted cash on the balance sheet. For the nine months ended September 30, 2021, the Company reclassed $74,244 from cash used for capital improvements to proceeds from sale of homes within the net cash used in investing activities section of the unaudited condensed consolidated statement of cash flows and reclassed $160,384 from cash used for payment of acquisition costs within the financing activities section to the investing activities section.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” ASU 2016-13 requires that entities use a new forward looking “expected loss” model that generally will result in the earlier recognition of allowance for credit losses. The measurement of expected credit losses is based upon historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. ASU No. 2016-13 is effective for annual reporting periods, including interim reporting periods within those periods, beginning after December 15, 2022. The Company is currently evaluating the potential impact this standard may have on the consolidated financial statements. Management does not believe that any other recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying unaudited condensed consolidated financial statements.
Impact of Coronavirus Pandemic	Impact of Coronavirus Pandemic In December 2019, a novel strain of coronavirus was reported to have surfaced in Wuhan, China. On March 11, 2020, the World Health Organization declared the outbreak a pandemic, and on March 13, 2020, the United States declared a national emergency. Some states and cities, including some where the Company’s properties are located, reacted by instituting quarantines, restrictions on travel, “stay at home” rules and restrictions on the types of businesses that may continue to operate, as well as guidance in response to the pandemic and the need to contain it. The rules and restrictions put in place had a negative impact on the economy and business activity and may adversely impact the ability of the Company’s tenants, many of whom may be restricted in their ability to work, to pay their rent as and when due. Enforcing the Company’s rights as landlord against tenants who fail to pay rent or otherwise do not comply with the terms of their leases may not be possible as many jurisdictions, including those where are properties are located, have established rules and/or regulations preventing us from evicting tenants for certain periods in response to the pandemic. If the Company is unable to enforce its rights as landlords, our business would be materially affected. The extent to which the pandemic may impact the Company’s results will depend on future developments, which are highly uncertain and cannot be predicted as of the date of this report, including new information that may emerge concerning the severity of the pandemic and steps taken to contain the pandemic or treat its impact, among others. Nevertheless, the pandemic and the current financial, economic, and capital markets environment present material uncertainty and risk with respect to the Company’s performance, financial condition, results of operations and cash flows.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies and Organization (Tables)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Schedule of subsidiaries and VIEs’ date of consolidation	Name of Subsidiary State of Formation Date of Formation Ownership Pecan Grove MHP LLC North Carolina October 12, 2016 100% Azalea MHP LLC North Carolina October 25, 2017 100% Holly Faye MHP LLC North Carolina October 25, 2017 100% Chatham Pines MHP LLC North Carolina October 31, 2017 100% Maple Hills MHP LLC North Carolina October 31, 2017 100% Lakeview MHP LLC South Carolina November 1, 2017 100% MHP Pursuits LLC North Carolina January 31, 2019 100% Mobile Home Rentals LLC North Carolina September 30, 2016 100% Hunt Club MHP LLC South Carolina March 8, 2019 100% B&D MHP LLC South Carolina April 4, 2019 100% Crestview MHP LLC North Carolina June 28, 2019 100% Springlake MHP LLC Georgia October 10, 2019 100% ARC MHP LLC South Carolina November 13, 2019 100% Countryside MHP LLC South Carolina March 12, 2020 100% Evergreen MHP LLC Tennessee March 17, 2020 100% Golden Isles MHP LLC Georgia March 16, 2021 100% Anderson MHP LLC South Carolina June 2, 2021 100% Capital View MHP LLC South Carolina August 6, 2021 100% Hidden Oaks MHP LLC South Carolina August 6, 2021 100% North Raleigh MHP LLC North Carolina September 16, 2021 100% Carolinas 4 MHP LLC North Carolina November 30, 2021 100% Charlotte 3 Park MHP LLC North Carolina December 10, 2021 100% Sunnyland MHP LLC Georgia January 7, 2022 100% Warrenville MHP LLC South Carolina February 15, 2022 100% Solid Rock MHP LLC South Carolina June 6, 2022 100% Spaulding MHP LLC Georgia June 10, 2022 100% Raeford MHP Development LLC North Carolina June 20, 2022 100% Solid Rock MHP Homes LLC South Carolina June 22, 2022 100% Country Estates MHP LLC* North Carolina July 6, 2022 100% Statesville MHP LLC North Carolina July 6, 2022 100% Timberview MHP LLC North Carolina July 7, 2022 100% Red Fox MHP LLC North Carolina July 7, 2022 100% Northview MHP LLC North Carolina July 8, 2022 100% Meadowbrook MHP LLC South Carolina July 25, 2022 100% Sunnyland 2 MHP LLC Georgia July 27, 2022 100% Dalton 3 MHP LLC* Georgia August 8, 2022 100% MHP Home Holdings LLC North Carolina August 17, 2022 100% Glynn Acres MHP LLC* Georgia September 9, 2022 100% Wake Forest 2 MHP LLC* North Carolina October 27, 2022 100% Gvest Finance LLC North Carolina December 11, 2018 VIE Gvest Homes I LLC Delaware November 9, 2020 VIE Brainerd Place LLC Delaware February 24, 2021 VIE Bull Creek LLC Delaware April 13, 2021 VIE Gvest Anderson Homes LLC Delaware June 22, 2021 VIE Gvest Capital View Homes LLC Delaware August 6, 2021 VIE Gvest Hidden Oaks Homes LLC Delaware August 6, 2021 VIE Gvest Springlake Homes LLC Delaware September 24, 2021 VIE Gvest Carolinas 4 Homes LLC Delaware November 13, 2021 VIE Gvest Sunnyland Homes LLC Delaware January 6, 2022 VIE Gvest Warrenville Homes LLC Delaware February 14, 2022 VIE Gvest Wake Forest 2 Homes LLC* North Carolina October 27, 2022 VIE * During the three and nine months ended September 30, 2022, there was no activity in Country Estates MHP LLC, Dalton 3 MHP LLC, Glynn Acres MHP LLC, Wake Forest 2 MHP LLC, and Gvest Wake Forest 2 Homes LLC.

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	9 Months Ended
	Sep. 30, 2022
Variable Interest Entities [Abstract]
Schedule of consolidated balance sheets	September 30, December 31, (Unaudited) Assets Investment Property $ 13,809,989 $ 14,144,268 Accumulated Depreciation (870,439 ) (597,650 ) Net Investment Property 12,939,550 13,546,618 Cash and Cash Equivalents 43,729 98,900 Accounts Receivable 71,694 60,506 Other Assets 193,625 158,920 Total Assets $ 13,248,598 $ 13,864,944 Liabilities and Deficit Accounts Payable $ 163,181 $ 169,298 Notes Payable, net of $16,953 and $0 debt discount, respectively 2,513,230 6,793,319 Line of Credit, net of $141,061 and $151,749 debt discount, respectively 5,270,284 6,200,607 Accrued Liabilities* 6,876,694 1,679,233 Total Liabilities 14,823,389 14,842,457 Non-controlling Interest (1,574,791 ) (977,513 ) Total Non-controlling Interest in Variable Interest Entities (1,574,791 ) (977,513 ) * Included in accrued liabilities is an intercompany balance of $6,801,261 and $1,515,715 as of September 30, 2022 and December 31, 2021, respectively. The intercompany balances have been eliminated on the consolidated balance sheet.

Investment Property (Tables)

Investment Property (Tables)	9 Months Ended
	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
Schedule of property and equipment balances	September 30, December 31, (Unaudited) Investment Property Land $ 27,845,291 $ 18,854,760 Site and Land Improvements 41,233,111 35,133,079 Buildings and Improvements 21,806,023 14,666,296 Construction in Process 2,575,086 3,030,456 Total Investment Property 93,459,511 71,684,591 Accumulated Depreciation (7,285,503 ) (4,832,300 ) Net Investment Property $ 86,174,008 $ 66,852,291

Acquisitions and Dispositions (

Acquisitions and Dispositions (Tables)	9 Months Ended
	Sep. 30, 2022
Acquisitions and Disposals [Abstract]
Schedule of asset acquisitions from third parties and have been accounted for as asset acquisitions	Acquisition Date Name (number of communities, if multiple) Land Improvements Building Total March 2021 Golden Isles MHP $ 1,050,000 $ 487,500 $ - $ 1,537,500 March 2021 Golden Isles Gvest - - 787,500 787,500 July 2021 Anderson MHP (10) 2,310,000 763,417 120,390 3,193,807 July 2021 Anderson Gvest (10) - - 2,006,193 2,006,193 September 2021 Capital View MHP 350,000 757,064 - 1,107,064 September 2021 Capital View Gvest - - 342,936 342,936 September 2021 Hidden Oaks MHP 290,000 843,440 - 1,133,440 September 2021 Hidden Oaks Gvest - - 416,560 416,560 Total Purchase Price $ 4,000,000 $ 2,851,421 $ 3,673,579 $ 10,525,000 Acquisition Costs - 277,991 5,963 283,954 Total Investment Property $ 4,000,000 $ 3,129,412 $ 3,679,542 $ 10,808 ,954 January 2022 Sunnyland MHP $ 672,400 $ 891,580 $ - $ 1,563,980 January 2022 Sunnyland Gvest - - 636,020 636,020 March 2022 Warrenville MHP (2) 975,397 853,473 - 1,828,870 March 2022 Warrenville Gvest (2) - - 1,221,130 1,221,130 June 2022 Spaulding MHP 1,217,635 304,409 477,956 2,000,000 June 2022 Raeford MHP Parcel 650,000 - - 650,000 July 2022 Solid Rock MHP 1,001,966 206,928 491,106 1,700,000 July 2022 Red Fox MHP 1,622,748 840,560 581,461 3,044,769 September 2022 Statesville MHP 1,078,015 1,100,473 120,729 2,299,217 September 2022 Northview MHP 505,319 247,045 116,979 869,343 September 2022 Timberview MHP 1,010,639 1,021,868 148,933 2,181,440 Total Purchase Price $ 8,734,119 $ 5,466,336 $ 3,794,314 $ 17,994,769 Acquisition Costs 254,130 116,840 75,435 446,405 Total Investment Property $ 8,988,249 $ 5,583,176 $ 3,869,749 $ 18,441,174
Schedule of pro-forma information	Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Revenue $ 4,055,065 $ 3,716,227 $ 11,746,146 $ 10,821,958 Community operating expenses 1,461,667 1,337,657 4,300,685 3,996,857 Corporate payroll and overhead expenses 1,519,271 580,109 3,683,267 1,744,576 Depreciation expense 987,005 941,692 2,854,646 2,809,597 Interest expense 1,634,157 976,150 4,367,555 2,844,249 Refinance costs 3,604,671 - 3,620,422 16,675 Cost of home sales 22,676 - 177,410 - Other income 500 - 500 139,300 Net loss (5,173,882 ) (119,381 ) (7,257,339 ) (450,696 ) Net loss attributable to non-controlling interest (376,105 ) (558,605 ) (801,212 ) (512,510 ) Net income (loss) attributable to Manufactured Housing Properties, Inc (4,797,777 ) 439,224 (6,456,127 ) 61,814 Preferred stock dividends / accretion 523,161 557,580 1,619,585 1,627,254 Net loss $ (5,320,938 ) $ (118,356 ) $ (8,075,712 ) $ (1,565,440 ) Net loss per share $ (0.42 ) $ (0.01 ) $ (0.63 ) $ (0.12 )

Promissory Notes (Tables)

Promissory Notes (Tables)	9 Months Ended
	Sep. 30, 2022
Promissory Notes [Abstract]
Schedule of outstanding principal balance	Maturity Interest Interest Only Balance Balance Pecan Grove MHP LLC 02/22/29 5.250 % - $ - $ 2,969,250 Pecan Grove MHP LLC - KeyBank* 09/01/32 4.870 % 60 4,489,000 - Azalea MHP LLC 03/01/29 5.400 % - - 790,481 Azalea MHP LLC - KeyBank* 09/01/32 4.870 % 60 1,830,000 - Holly Faye MHP LLC 03/01/29 5.400 % - - 579,825 Holly Faye MHP LLC - KeyBank* 09/01/32 4.870 % 60 1,608,000 - Chatham MHP LLC 04/01/24 5.875 % - - 1,698,800 Chatham MHP LLC - KeyBank* 09/01/32 4.870 % 60 2,263,000 - Lakeview MHP LLC 03/01/29 5.400 % - - 1,805,569 Lakeview MHP LLC - KeyBank* 09/01/32 4.870 % 60 3,229,000 - B&D MHP LLC 05/02/29 5.500 % - - 1,779,439 B&D MHP LLC - KeyBank* 09/01/32 4.870 % 60 2,887,000 - Hunt Club MHP LLC 01/01/33 3.430 % - - 2,398,689 Hunt Club MHP LLC - KeyBank* 09/01/32 4.870 % 60 2,756,000 - Crestview MHP LLC 12/31/30 3.250 % - - 4,682,508 Crestview MHP LLC - KeyBank* 09/01/32 4.870 % 60 4,625,000 - Maple Hills MHP LLC 12/01/30 3.250 % - - 2,341,254 Maple Hills MHP LLC - KeyBank* 09/01/32 4.870 % 60 2,570,000 - Springlake MHP LLC* 12/10/26 4.750 % 12 - 4,016,250 Springlake MHP LLC - KeyBank* 09/01/32 4.870 % 60 6,590,000 - ARC MHP LLC 01/01/30 5.500 % - - 3,809,742 ARC MHP LLC - KeyBank* 09/01/32 4.870 % 60 3,687,000 - Countryside MHP LLC 03/20/50 5.500 % 12 - 1,684,100 Countryside MHP LLC - KeyBank* 09/01/32 4.870 % 60 4,343,000 - Evergreen MHP LLC 04/01/32 3.990 % - - 1,115,261 Evergreen MHP LLC - KeyBank* 09/01/32 4.870 % 60 2,604,000 - Golden Isles MHP LLC 03/31/26 4.000 % 60 - 787,500 Golden Isles MHP LLC - KeyBank* 09/01/32 4.870 % 60 1,987,000 - Anderson MHP LLC* 07/10/26 5.210 % 24 - 2,153,807 Anderson MHP LLC - KeyBank* 09/01/32 4.870 % 60 5,118,000 - Capital View MHP LLC* 09/10/26 5.390 % 24 - 817,064 Capital View MHP LLC - KeyBank* 09/01/32 4.870 % 60 829,000 - Hidden Oaks MHP LLC* 09/10/26 5.330 % 24 - 823,440 Hidden Oaks MHP LLC - KeyBank* 09/01/32 4.870 % 60 764,000 - North Raleigh MHP LLC 11/01/26 4.750 % - - 5,304,409 North Raleigh MHP LLC - KeyBank* 09/01/32 4.870 % 60 5,279,000 - Charlotte 3 Park MHP LLC (Dixie, Driftwood, Meadowbrook) (1) 03/01/22 5.000 % 2 - 1,500,000 Charlotte 3 Park MHP LLC (Dixie, Driftwood, Meadowbrook) (2) 11/01/28 4.250 % - - Charlotte 3 Park MHP LLC (Dixie) - KeyBank 09/01/32 4.870 % 60 485,000 - Charlotte 3 Park MHP LLC (Driftwood) - KeyBank* 09/01/32 4.870 % 60 274,000 - Carolinas 4 MHP LLC (Asheboro, Morganton)* 01/10/27 5.300 % 36 - 3,105,070 Carolinas 4 MHP LLC (Asheboro) - KeyBank* 09/01/32 4.870 % 60 1,374,000 - Carolinas 4 MHP LLC (Morganton) - KeyBank* 09/01/32 4.870 % 60 1,352,000 - Sunnyland MHP LLC (2) 02/10/27 5.370 % 36 - - Sunnyland MHP LLC - KeyBank* 09/01/32 4.870 % 60 1,057,000 - Warrenville MHP LLC* 03/10/27 5.590 % 36 1,218,870 - Spaulding MHP LLC 07/22/43 WSJ Prime +1 % 12 1,600,000 - Solid Rock MHP LLC 07/07/32 5.000 % 12 925,000 - Red Fox MHP LLC 08/01/32 5.250 % 24 2,250,000 - Statesville MHP LLC* 09/13/25 SOFR +2.35 % 36 1,519,925 - Timberview MHP LLC* 09/13/25 SOFR +2.35 % 36 1,418,075 - Northview MHP LLC - land (Seller Finance) 09/15/27 6.000 % 60 792,654 - Statesville, Northview, and Timberview MHP LLC - homes (Seller Finance) 09/15/27 6.000 % 60 407,345 - Gvest Finance LLC (B&D homes) 05/01/24 5.000 % - 624,833 657,357 Gvest Finance LLC (Countryside homes) 03/20/50 5.500 % - - 1,287,843 Gvest Finance LLC (Golden Isles homes) 03/31/36 4.000 % 180 684,220 787,500 Gvest Anderson Homes LLC* 07/10/26 5.210 % 24 - 2,006,193 Gvest Capital View Homes LLC* 09/10/26 5.390 % 24 - 342,936 Gvest Hidden Oaks Homes LLC* 09/10/26 5.330 % 24 - 416,560 Gvest Carolinas 4 Homes LLC (Asheboro, Morganton)* 01/10/27 5.300 % 36 - 1,294,930 Gvest Sunnyland Homes LLC (2) 02/10/27 5.370 % 36 - - Gvest Warrenville Homes LLC* 03/10/27 5.590 % 36 1,221,130 - Total Notes Payable $ 74,662,052 $ 50,955,777 Discount Direct Lender Fees (3,561,671 ) (2,064,294 ) Total Net of Discount $ 71,100,381 $ 48,891,483 (1) The Company repaid the Charlotte 3 Park MHP LLC note payable of $1,500,000 on March 1, 2022 and recognized refinancing cost expense totaling $15,751. This community was refinanced on April 14, 2022 with a different lender and the Company capitalized $258,023 of debt issuance costs related to the new note. (2) The Company entered into and paid off these promissory notes within the nine months ended September 30, 2022. * The notes indicated above are subject to certain financial covenants.
Schedule of lines of credit – variable interest entities	Facility Borrower Community Maturity Interest Maximum Balance Balance Occupied Home Facility (1) Gvest Homes I LLC ARC, Crestview, Maple 01/01/30 8.375% $ 20,000,000 $ 2,446,084 $ 2,517,620 Multi-Community Rental Home Facility Gvest Finance LLC ARC, Golden Isles Various (3) Greater of 3.25% or Prime, + 375 bps $ 4,000,000 $ 1,475,714 $ 838,000 Multi-Community Floorplan Home Facility (1)(2) Gvest Finance LLC Golden Isles, Springlake, Sunnyland, Crestview Various (3) LIBOR + 6 – 8% based on days outstanding $ 2,000,000 $ 1,489,546 $ 1,104,255 Springlake Home Facility (2) Gvest Finance LLC Springlake 12/10/26 6.75% $ 3,300,000 $ - $ 1,892,481 Total Lines of Credit - VIEs $ 5,411,344 $ 6,352,356 Discount Direct Lender Fees $ (141,061 ) $ (151,749 ) Total Net of Discount $ 5,270,283 $ 6,200,607
Schedule of minimum annual principal payments of notes payable	2022 41,147 2023 367,130 2024 1,751,244 2025 3,362,574 2026 454,742 Thereafter 76,096,560 Total minimum principal payments $ 82,073,396

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2022
Stockholders' Equity Note [Abstract]
Schedule of summarizes the stock options outstanding	Number of Weighted Weighted Outstanding at December 31, 2021 706,175 $ 0.01 6.6 Granted 145,000 0.01 9.5 Exercised (78,333 ) (0.01 ) (6.2 ) Forfeited / cancelled / expired (269,000 ) (0.01 ) (5.9 ) Outstanding at September 30, 2022 503,842 0.01 6.8 Exercisable at September 30, 2022 357,175 0.01 5.7
Schedule of summarizes information concerning options outstanding	Strike Price Outstanding Weighted Weighted Vested stock Weighted $ 0.01 288,675 5.2 $ 0.01 288,675 $ 0.01 $ 0.01 28,500 7.3 $ 0.01 28,500 $ 0.01 $ 0.01 50,000 8.3 $ 0.01 33,333 $ 0.01 $ 0.01 136,667 9.5 $ 0.01 6,667 $ 0.01
Schedule of black scholes option pricing model with the following assumptions for grants made during the periods indicated	Stock option assumptions September 30, September 30, Risk-free interest rate 1.40-2.84% 0.26-1.40% Expected dividend yield 0.00% 0.00% Expected volatility 237.85-249.77% 16.03-273.98% Expected life of options (in years) 6.5-7 6.5

Summary of Significant Accoun_3

Summary of Significant Accounting Policies and Organization (Details) - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Dec. 31, 2021	Sep. 01, 2022	Dec. 31, 2020
Summary of Significant Accounting Policies and Organization (Details) [Line Items]
Debt service						5%
Gvest real estate LLC percentage				49%
Sole owner owns, percentage				51%
Purchase of shares of common stock (in Shares)	357,176	519,675
Restricted cash	$ 5,018,079	$ 541,620	$ 5,018,079	$ 705,195		$ 339,152
Security deposits	863,961			705,195
Security deposits	4,154,118		4,154,118		$ 4,000,000
Federal deposit insurance corporation expense	642,000			763,000
Portfolio percentage			$ 55
Stock option expense	$ 105,884	$ 38,033
Tax benefit percentage	50%
Payments for capital improvement	$ 74,244
Acquisition costs	$ 160,384
Minimum [Member]
Summary of Significant Accounting Policies and Organization (Details) [Line Items]
Estimated useful lives	3 years
Maximum [Member]
Summary of Significant Accounting Policies and Organization (Details) [Line Items]
Estimated useful lives	25 years
Series A Cumulative Redeemable Convertible Preferred Stock [Member]
Summary of Significant Accounting Policies and Organization (Details) [Line Items]
Convertible preferred stock (in Shares)	1,866,000	1,886,000	1,866,000
Convertible common stock (in Shares)	1,866,000	1,886,000	1,866,000
Restricted Cash [Member]
Summary of Significant Accounting Policies and Organization (Details) [Line Items]
Security deposits				$ 705,195
Stock Option [Member]
Summary of Significant Accounting Policies and Organization (Details) [Line Items]
Convertible preferred stock (in Shares)	146,666	186,500	146,666

Summary of Significant Accoun_4

Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation	9 Months Ended
	Sep. 30, 2022
Pecan Grove MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Pecan Grove MHP LLC
State of Formation	North Carolina
Date of Formation	October 12, 2016
Ownership	100%
Azalea MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Azalea MHP LLC
State of Formation	North Carolina
Date of Formation	October 25, 2017
Ownership	100%
Holly Faye MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Holly Faye MHP LLC
State of Formation	North Carolina
Date of Formation	October 25, 2017
Ownership	100%
Chatham Pines MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Chatham Pines MHP LLC
State of Formation	North Carolina
Date of Formation	October 31, 2017
Ownership	100%
Maple Hills MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Maple Hills MHP LLC
State of Formation	North Carolina
Date of Formation	October 31, 2017
Ownership	100%
Lakeview MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Lakeview MHP LLC
State of Formation	South Carolina
Date of Formation	November 1, 2017
Ownership	100%
MHP Pursuits LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	MHP Pursuits LLC
State of Formation	North Carolina
Date of Formation	January 31, 2019
Ownership	100%
Mobile Home Rentals LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Mobile Home Rentals LLC
State of Formation	North Carolina
Date of Formation	September 30, 2016
Ownership	100%
Hunt Club MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Hunt Club MHP LLC
State of Formation	South Carolina
Date of Formation	March 8, 2019
Ownership	100%
B&D MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	B&D MHP LLC
State of Formation	South Carolina
Date of Formation	April 4, 2019
Ownership	100%
Crestview MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Crestview MHP LLC
State of Formation	North Carolina
Date of Formation	June 28, 2019
Ownership	100%
Springlake MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Springlake MHP LLC
State of Formation	Georgia
Date of Formation	October 10, 2019
Ownership	100%
ARC MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	ARC MHP LLC
State of Formation	South Carolina
Date of Formation	November 13, 2019
Ownership	100%
Countryside MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Countryside MHP LLC
State of Formation	South Carolina
Date of Formation	March 12, 2020
Ownership	100%
Evergreen MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Evergreen MHP LLC
State of Formation	Tennessee
Date of Formation	March 17, 2020
Ownership	100%
Golden Isles MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Golden Isles MHP LLC
State of Formation	Georgia
Date of Formation	March 16, 2021
Ownership	100%
Anderson MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Anderson MHP LLC
State of Formation	South Carolina
Date of Formation	June 2, 2021
Ownership	100%
Capital View MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Capital View MHP LLC
State of Formation	South Carolina
Date of Formation	August 6, 2021
Ownership	100%
Hidden Oaks MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Hidden Oaks MHP LLC
State of Formation	South Carolina
Date of Formation	August 6, 2021
Ownership	100%
North Raleigh MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	North Raleigh MHP LLC
State of Formation	North Carolina
Date of Formation	September 16, 2021
Ownership	100%
Carolinas 4 MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Carolinas 4 MHP LLC
State of Formation	North Carolina
Date of Formation	November 30, 2021
Ownership	100%
Charlotte 3 Park MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Charlotte 3 Park MHP LLC
State of Formation	North Carolina
Date of Formation	December 10, 2021
Ownership	100%
Sunnyland MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Sunnyland MHP LLC
State of Formation	Georgia
Date of Formation	January 7, 2022
Ownership	100%
Warrenville MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Warrenville MHP LLC
State of Formation	South Carolina
Date of Formation	February 15, 2022
Ownership	100%
Solid Rock MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Solid Rock MHP LLC
State of Formation	South Carolina
Date of Formation	June 6, 2022
Ownership	100%
Spaulding MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Spaulding MHP LLC
State of Formation	Georgia
Date of Formation	June 10, 2022
Ownership	100%
Raeford MHP Development LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Raeford MHP Development LLC
State of Formation	North Carolina
Date of Formation	June 20, 2022
Ownership	100%
Solid Rock MHP Homes LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Solid Rock MHP Homes LLC
State of Formation	South Carolina
Date of Formation	June 22, 2022
Ownership	100%
Country Estates MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Country Estates MHP LLC*	[1]
State of Formation	North Carolina	[1]
Date of Formation	July 6, 2022	[1]
Ownership	100%	[1]
Statesville MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Statesville MHP LLC
State of Formation	North Carolina
Date of Formation	July 6, 2022
Ownership	100%
Timberview MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Timberview MHP LLC
State of Formation	North Carolina
Date of Formation	July 7, 2022
Ownership	100%
Red Fox MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Red Fox MHP LLC
State of Formation	North Carolina
Date of Formation	July 7, 2022
Ownership	100%
Northview MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Northview MHP LLC
State of Formation	North Carolina
Date of Formation	July 8, 2022
Ownership	100%
Meadowbrook MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Meadowbrook MHP LLC
State of Formation	South Carolina
Date of Formation	July 25, 2022
Ownership	100%
Sunnyland 2 MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Sunnyland 2 MHP LLC
State of Formation	Georgia
Date of Formation	July 27, 2022
Ownership	100%
Dalton 3 MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Dalton 3 MHP LLC*	[1]
State of Formation	Georgia	[1]
Date of Formation	August 8, 2022	[1]
Ownership	100%	[1]
MHP Home Holdings LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	MHP Home Holdings LLC
State of Formation	North Carolina
Date of Formation	August 17, 2022
Ownership	100%
Glynn Acres MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Glynn Acres MHP LLC*	[1]
State of Formation	Georgia	[1]
Date of Formation	September 9, 2022	[1]
Ownership	100%	[1]
Wake Forest 2 MHP LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Wake Forest 2 MHP LLC*	[1]
State of Formation	North Carolina	[1]
Date of Formation	October 27, 2022	[1]
Ownership	100%	[1]
Gvest Finance LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Gvest Finance LLC
State of Formation	North Carolina
Date of Formation	December 11, 2018
Ownership	VIE
Gvest Homes I LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Gvest Homes I LLC
State of Formation	Delaware
Date of Formation	November 9, 2020
Ownership	VIE
Brainerd Place LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Brainerd Place LLC
State of Formation	Delaware
Date of Formation	February 24, 2021
Ownership	VIE
Bull Creek LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Bull Creek LLC
State of Formation	Delaware
Date of Formation	April 13, 2021
Ownership	VIE
Gvest Anderson Homes LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Gvest Anderson Homes LLC
State of Formation	Delaware
Date of Formation	June 22, 2021
Ownership	VIE
Gvest Capital View Homes LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Gvest Capital View Homes LLC
State of Formation	Delaware
Date of Formation	August 6, 2021
Ownership	VIE
Gvest Hidden Oaks Homes LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Gvest Hidden Oaks Homes LLC
State of Formation	Delaware
Date of Formation	August 6, 2021
Ownership	VIE
Gvest Springlake Homes LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Gvest Springlake Homes LLC
State of Formation	Delaware
Date of Formation	September 24, 2021
Ownership	VIE
Gvest Carolinas 4 Homes LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Gvest Carolinas 4 Homes LLC
State of Formation	Delaware
Date of Formation	November 13, 2021
Ownership	VIE
Gvest Sunnyland Homes LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Gvest Sunnyland Homes LLC
State of Formation	Delaware
Date of Formation	January 6, 2022
Ownership	VIE
Gvest Warrenville Homes LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Gvest Warrenville Homes LLC
State of Formation	Delaware
Date of Formation	February 14, 2022
Ownership	VIE
Gvest Wake Forest 2 Homes LLC [Member]
Summary of Significant Accounting Policies and Organization (Details) - Schedule of subsidiaries and VIEs’ date of consolidation [Line Items]
Name of Subsidiary	Gvest Wake Forest 2 Homes LLC*	[1]
State of Formation	North Carolina	[1]
Date of Formation	October 27, 2022	[1]
Ownership	VIE	[1]
[1] During the three and nine months ended September 30, 2022, there was no activity in Country Estates MHP LLC, Dalton 3 MHP LLC, Glynn Acres MHP LLC, Wake Forest 2 MHP LLC, and Gvest Wake Forest 2 Homes LLC.

Variable Interest Entities (Det

Variable Interest Entities (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Variable Interest Entities [Abstract]
Loans totaling			$ 4,664,384
Debt paid	$ 460,226		460,226
Additional paid in capital	278,138		278,138
Short-term loan			3,908,731
Net income loss	376,105	$ 516,506	786,590	$ 343,073
Management fee	11,045	$ 328,762	316,624	$ 587,762
Accumulated manufactured housing properties	$ 6,801,261		$ 6,801,261		$ 1,515,715

Variable Interest Entities (D_2

Variable Interest Entities (Details) - Schedule of consolidated balance sheets - Variable Interest Entities [Member] - USD ($)		Sep. 30, 2022	Dec. 31, 2021
Assets
Investment Property		$ 13,809,989	$ 14,144,268
Accumulated Depreciation		(870,439)	(597,650)
Net Investment Property		12,939,550	13,546,618
Cash and Cash Equivalents		43,729	98,900
Accounts Receivable		71,694	60,506
Other Assets		193,625	158,920
Total Assets		13,248,598	13,864,944
Liabilities and Deficit
Accounts Payable		163,181	169,298
Notes Payable, net of $16,953 and $0 debt discount, respectively		2,513,230	6,793,319
Line of Credit, net of $141,061 and $151,749 debt discount, respectively		5,270,284	6,200,607
Accrued Liabilities	[1]	6,876,694	1,679,233
Total Liabilities		14,823,389	14,842,457
Non-controlling Interest		(1,574,791)	(977,513)
Total Non-controlling Interest in Variable Interest Entities		$ (1,574,791)	$ (977,513)
[1] Included in accrued liabilities is an intercompany balance of $6,801,261 and $1,515,715 as of September 30, 2022 and December 31, 2021, respectively. The intercompany balances have been eliminated on the consolidated balance sheet.

Variable Interest Entities (D_3

Variable Interest Entities (Details) - Schedule of consolidated balance sheets (Parentheticals) - Variable Interest Entities [Member] - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Condensed Balance Sheet Statements, Captions [Line Items]
Notes Payable, net	$ 16,953	$ 16,953
Notes Payable, debt discount	0	0
Line of Credit, net	141,061	141,061
Line of Credit, debt discount	$ 151,749	$ 151,749

Investment Property (Details)

Investment Property (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Investment Property (Details) [Line Items]
Depreciation expense	$ 898,963	$ 507,493	$ 2,477,642	$ 1,411,158
Nine New Manufactured Homes [Member]
Investment Property (Details) [Line Items]
Manufactured homes			$ 1,300,000
Thirty-Four New Manufactured Homes [Member]
Investment Property (Details) [Line Items]
Manufactured homes					$ 1,900,000
Fourteen New Manufactured Homes [Member]
Investment Property (Details) [Line Items]
Manufactured homes					$ 860,000

Investment Property (Details) -

Investment Property (Details) - Schedule of property and equipment balances - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Investment Property
Land	$ 27,845,291	$ 18,854,760
Site and Land Improvements	41,233,111	35,133,079
Buildings and Improvements	21,806,023	14,666,296
Construction in Process	2,575,086	3,030,456
Total Investment Property	93,459,511	71,684,591
Accumulated Depreciation	(7,285,503)	(4,832,300)
Net Investment Property	$ 86,174,008	$ 66,852,291

Acquisitions and Dispositions_2

Acquisitions and Dispositions (Details)	1 Months Ended
	Jul. 29, 2022 m² shares	Jan. 31, 2022 USD ($) m²	Sep. 30, 2022 USD ($)	Sep. 14, 2022 USD ($) m²	Jul. 07, 2022 USD ($) m²	Jun. 28, 2022 USD ($) m²	Jun. 24, 2022 m²	Jun. 17, 2022 USD ($) m²	Mar. 31, 2022 USD ($) m²
Acquisitions and Dispositions (Details) [Line Items]
Approximate acres | m²		18.57
Acres | m²	9	15.09		75	11	62	43	17	45
Total purchase price (in Dollars) | $		$ 2,200,000		$ 5,350,000	$ 1,700,000	$ 650,000		$ 2,000,000	$ 3,050,000
Total purchase price of shares (in Shares) | shares	3,044,769
Aggregate purchase price (in Dollars) | $			$ 10,400,000
Land and land improvements [Member]
Acquisitions and Dispositions (Details) [Line Items]
Number of acres square description		On January 31, 2022, the Company purchased a manufactured housing community located in Byron, Georgia consisting of 73 sites on approximately 18.57 acres and an adjacent parcel of 15.09 acres of undeveloped land for a total purchase price of $2,200,000.

Acquisitions and Dispositions_3

Acquisitions and Dispositions (Details) - Schedule of asset acquisitions from third parties and have been accounted for as asset acquisitions	9 Months Ended
	Sep. 30, 2022 USD ($)
Golden Isles MHP [Member]
Business Acquisition [Line Items]
Acquisition Date	March 2021
Land	$ 1,050,000
Improvements	487,500
Building
Total Purchase Price	$ 1,537,500
Golden Isles Gvest [Member]
Business Acquisition [Line Items]
Acquisition Date	March 2021
Land
Improvements
Building	787,500
Total Purchase Price	$ 787,500
Anderson MHP (10) [Member]
Business Acquisition [Line Items]
Acquisition Date	July 2021
Land	$ 2,310,000
Improvements	763,417
Building	120,390
Total Purchase Price	$ 3,193,807
Anderson Gvest (10) [Member]
Business Acquisition [Line Items]
Acquisition Date	July 2021
Land
Improvements
Building	2,006,193
Total Purchase Price	$ 2,006,193
Capital View MHP [Member]
Business Acquisition [Line Items]
Acquisition Date	September 2021
Land	$ 350,000
Improvements	757,064
Building
Total Purchase Price	$ 1,107,064
Capital View Gvest [Member]
Business Acquisition [Line Items]
Acquisition Date	September 2021
Land
Improvements
Building	342,936
Total Purchase Price	$ 342,936
Hidden Oaks MHP [Member]
Business Acquisition [Line Items]
Acquisition Date	September 2021
Land	$ 290,000
Improvements	843,440
Building
Total Purchase Price	$ 1,133,440
Hidden Oaks Gvest [Member]
Business Acquisition [Line Items]
Acquisition Date	September 2021
Land
Improvements
Building	416,560
Total Purchase Price	416,560
Total Purchase Price [Member] | September 2021 [Member]
Business Acquisition [Line Items]
Land	4,000,000
Improvements	2,851,421
Building	3,673,579
Total Purchase Price	10,525,000
Total Purchase Price [Member] | September 2022 [Member]
Business Acquisition [Line Items]
Land	8,734,119
Improvements	5,466,336
Building	3,794,314
Total Purchase Price	17,994,769
Acquisition Costs [Member] | September 2021 [Member]
Business Acquisition [Line Items]
Land
Improvements	277,991
Building	5,963
Total Purchase Price	283,954
Acquisition Costs [Member] | September 2022 [Member]
Business Acquisition [Line Items]
Land	254,130
Improvements	116,840
Building	75,435
Total Purchase Price	446,405
Total Investment Property [Member] | September 2021 [Member]
Business Acquisition [Line Items]
Land	4,000,000
Improvements	3,129,412
Building	3,679,542
Total Purchase Price	10,808,954
Total Investment Property [Member] | September 2022 [Member]
Business Acquisition [Line Items]
Land	8,988,249
Improvements	5,583,176
Building	3,869,749
Total Purchase Price	$ 18,441,174
Sunnyland MHP [Member]
Business Acquisition [Line Items]
Acquisition Date	January 2022
Land	$ 672,400
Improvements	891,580
Building
Total Purchase Price	$ 1,563,980
Sunnyland Gvest [Member]
Business Acquisition [Line Items]
Acquisition Date	January 2022
Land
Improvements
Building	636,020
Total Purchase Price	$ 636,020
Warrenville MHP [Member]
Business Acquisition [Line Items]
Acquisition Date	March 2022
Land	$ 975,397
Improvements	853,473
Building
Total Purchase Price	$ 1,828,870
Warrenville Gvest [Member]
Business Acquisition [Line Items]
Acquisition Date	March 2022
Land
Improvements
Building	1,221,130
Total Purchase Price	$ 1,221,130
Spaulding MHP [Member]
Business Acquisition [Line Items]
Acquisition Date	June 2022
Land	$ 1,217,635
Improvements	304,409
Building	477,956
Total Purchase Price	$ 2,000,000
Raeford MHP Parcel [Member]
Business Acquisition [Line Items]
Acquisition Date	June 2022
Land	$ 650,000
Improvements
Building
Total Purchase Price	$ 650,000
Solid Rock MHP [Member]
Business Acquisition [Line Items]
Acquisition Date	July 2022
Land	$ 1,001,966
Improvements	206,928
Building	491,106
Total Purchase Price	$ 1,700,000
Red Fox MHP [Member]
Business Acquisition [Line Items]
Acquisition Date	July 2022
Land	$ 1,622,748
Improvements	840,560
Building	581,461
Total Purchase Price	$ 3,044,769
Statesville MHP [Member]
Business Acquisition [Line Items]
Acquisition Date	September 2022
Land	$ 1,078,015
Improvements	1,100,473
Building	120,729
Total Purchase Price	$ 2,299,217
Northview MHP [Member]
Business Acquisition [Line Items]
Acquisition Date	September 2022
Land	$ 505,319
Improvements	247,045
Building	116,979
Total Purchase Price	$ 869,343
Timberview MHP [Member]
Business Acquisition [Line Items]
Acquisition Date	September 2022
Land	$ 1,010,639
Improvements	1,021,868
Building	148,933
Total Purchase Price	$ 2,181,440

Acquisitions and Dispositions_4

Acquisitions and Dispositions (Details) - Schedule of pro-forma information - Pro Forma [Member] - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Acquisitions and Dispositions (Details) - Schedule of pro-forma information [Line Items]
Revenue	$ 4,055,065	$ 3,716,227	$ 11,746,146	$ 10,821,958
Community operating expenses	1,461,667	1,337,657	4,300,685	3,996,857
Corporate payroll and overhead expenses	1,519,271	580,109	3,683,267	1,744,576
Depreciation expense	987,005	941,692	2,854,646	2,809,597
Interest expense	1,634,157	976,150	4,367,555	2,844,249
Refinance costs	3,604,671		3,620,422	16,675
Cost of home sales	22,676		177,410
Other income	500		500	139,300
Net loss	(5,173,882)	(119,381)	(7,257,339)	(450,696)
Net loss attributable to non-controlling interest	(376,105)	(558,605)	(801,212)	(512,510)
Net income (loss) attributable to Manufactured Housing Properties, Inc	(4,797,777)	439,224	(6,456,127)	61,814
Preferred stock dividends / accretion	523,161	557,580	1,619,585	1,627,254
Net loss	$ (5,320,938)	$ (118,356)	$ (8,075,712)	$ (1,565,440)
Net loss per share (in Dollars per share)	$ (0.42)	$ (0.01)	$ (0.63)	$ (0.12)

Promissory Notes (Details)

Promissory Notes (Details) - USD ($)

3 Months Ended

9 Months Ended

Sep. 02, 2022

Sep. 01, 2022

Apr. 14, 2022

Mar. 01, 2022

Sep. 30, 2022

Sep. 30, 2021

Sep. 30, 2022

Sep. 30, 2021

Jun. 29, 2022

Dec. 31, 2021

Dec. 27, 2021

Oct. 22, 2021

Oct. 01, 2017

Promissory Notes (Details) [Line Items]

Promissory notes range

4.87%

Promissory notes term

60 months

Principal amount

$ 62,000,000

Escrow

4,000,000

$ 4,154,118

$ 4,154,118

Refinancing expense

3,604,672

Net unamortized debt issuance costs

2,203,841

Prepayment penalties

1,385,596

Other fees

$ 15,234

Maturity date

Sep. 01, 2032

Debt issuance costs

$ 2,842,213

Note payable

71,100,381

71,100,381

$ 48,891,483

Cost expense

$ 15,751

Debt issuance costs

$ 258,023

Drew down related to occupied home facility

19,145

Related to the multi-community floorplan home facility

1,251,321

Transferred to multicommunity floorplan home facility

693,881

Drew down related to springlake home facility

596,563

Interest expense

$ 76,667

$ 77,500

Promissory notes, description

This note has a five-year term and is interest-only based on an 15% annual rate through the maturity date and is unsecured.

Minimum [Member]

Promissory Notes (Details) [Line Items]

Promissory notes range

4%

4%

Promissory notes term

5 years

Maximum [Member]

Promissory Notes (Details) [Line Items]

Promissory notes range

6%

6%

Promissory notes term

30 years

Other lenders [Member]

Promissory Notes (Details) [Line Items]

Principal amount

$ 54,000,000

Gvest Real Estate Capital LLC [Member]

Promissory Notes (Details) [Line Items]

Borrowing amount

150,000

NAV Real Estate LLC Promissory Note [Member]

Promissory Notes (Details) [Line Items]

Borrowing amount

$ 2,000,000

Promissory Notes [Member]

Promissory Notes (Details) [Line Items]

Outstanding balance

$ 74,662,052

Mr. Gee [Member] | Raymond M. Gee Promissory Note [Member]

Promissory Notes (Details) [Line Items]

Borrowing amount

$ 1,500,000

Raymond M. Gee Promissory Note [Member]

Promissory Notes (Details) [Line Items]

Loans amount

$ 70,393,053

70,393,053

Maturity date

May 31, 2032

Debt issuance costs

$ 1,000,000

Metrolina Promissory Notes [Member]

Promissory Notes (Details) [Line Items]

Principal amount

1,500,000

Balance note

$ 1,500,000

Interest rate per annum

18%

Maturity date

Apr. 01, 2023

Interest expense

47,342

$ 0

Gvest Real Estate Capital LLC [Member]

Promissory Notes (Details) [Line Items]

Line of credit

$ 2,000,000

Interest expense

59,167

$ 0

87,542

$ 0

Borrowing amount

2,700,000

2,700,000

Maximum credit limit note increased

$ 2,000,000

2,000,000

Gvest Real Estate Capital LLC [Member] | Gvest Revolving Promissory Notes [Member]

Promissory Notes (Details) [Line Items]

Borrowing amount

$ 1,500,000

MHP LLC [Member]

Promissory Notes (Details) [Line Items]

Note payable

$ 1,500,000

Metrolina Loan Holdings, LLC [Member]

Promissory Notes (Details) [Line Items]

Principal amount

$ 1,500,000

Interest expense

181,233

$ 0

NAV Real Estate LLC [Member]

Promissory Notes (Details) [Line Items]

Outstanding balance

$ 2,000,000

NAV Real Estate LLC [Member] | NAV Real Estate LLC Promissory Note [Member]

Promissory Notes (Details) [Line Items]

Borrowing amount

$ 2,000,000

Promissory Notes (Details) - Sc

Promissory Notes (Details) - Schedule of outstanding principal balance - USD ($)		9 Months Ended
		Sep. 30, 2022		Dec. 31, 2021
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Totals note payables		$ 74,662,052		$ 50,955,777
Discount Direct Lender Fees		(3,561,671)		(2,064,294)
Total Net of Discount		$ 71,100,381		48,891,483
Pecan Grove MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Feb. 22, 2029
Interest Rate		5.25%
Totals note payables				2,969,250
Pecan Grove MHP LLC - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 4,489,000
Azalea MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Mar. 01, 2029
Interest Rate		5.40%
Totals note payables				790,481
Azalea MHP LLC - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 1,830,000
Holly Faye MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Mar. 01, 2029
Interest Rate		5.40%
Totals note payables				579,825
Holly Faye MHP LLC - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 1,608,000
Chatham MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Apr. 01, 2024
Interest Rate		5.875%
Totals note payables				1,698,800
Chatham MHP LLC - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 2,263,000
Lakeview MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Mar. 01, 2029
Interest Rate		5.40%
Totals note payables				1,805,569
Lakeview MHP LLC - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 3,229,000
B&D MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		May 02, 2029
Interest Rate		5.50%
Totals note payables				1,779,439
B&D MHP LLC - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 2,887,000
Hunt Club MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Jan. 01, 2033
Interest Rate		3.43%
Totals note payables				2,398,689
Hunt Club MHP LLC - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 2,756,000
Crestview MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Dec. 31, 2030
Interest Rate		3.25%
Totals note payables				4,682,508
Crestview MHP LLC - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 4,625,000
Maple Hills MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Dec. 01, 2030
Interest Rate		3.25%
Totals note payables				2,341,254
Maple Hills MHP LLC - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 2,570,000
Springlake MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Dec. 10, 2026
Interest Rate	[1]	4.75%
Interest Only Period (Months)	[1]	12 months
Totals note payables	[1]			4,016,250
Springlake MHP LLC - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 6,590,000
ARC MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Jan. 01, 2030
Interest Rate		5.50%
Totals note payables				3,809,742
ARC MHP LLC - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 3,687,000
Countryside MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Mar. 20, 2050
Interest Rate		5.50%
Interest Only Period (Months)		12 months
Totals note payables				1,684,100
Countryside MHP LLC - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 4,343,000
Evergreen MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Apr. 01, 2032
Interest Rate		3.99%
Totals note payables				1,115,261
Evergreen MHP LLC - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 2,604,000
Golden Isles MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Mar. 31, 2026
Interest Rate		4%
Interest Only Period (Months)		60 months
Totals note payables				787,500
Golden Isles MHP LLC - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 1,987,000
Anderson MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Jul. 10, 2026
Interest Rate	[1]	5.21%
Interest Only Period (Months)	[1]	24 months
Totals note payables	[1]			2,153,807
Anderson MHP LLC - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 5,118,000
Capital View MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 10, 2026
Interest Rate	[1]	5.39%
Interest Only Period (Months)	[1]	24 months
Totals note payables	[1]			817,064
Capital View MHP LLC - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Sep. 01, 2032
Interest Rate		4.87%
Interest Only Period (Months)		60 months
Totals note payables		$ 829,000
Hidden Oaks MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 10, 2026
Interest Rate	[1]	5.33%
Interest Only Period (Months)	[1]	24 months
Totals note payables	[1]			823,440
Hidden Oaks MHP LLC - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 764,000
North Raleigh MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Nov. 01, 2026
Interest Rate		4.75%
Totals note payables				5,304,409
North Raleigh MHP LLC - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 5,279,000
Charlotte 3 Park MHP LLC (Dixie, Driftwood, Meadowbrook) [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[2]	Mar. 01, 2022
Interest Rate	[2]	5%
Interest Only Period (Months)	[2]	2 months
Totals note payables	[2]			1,500,000
Charlotte 3 Park MHP LLC (Dixie, Driftwood, Meadowbrook) [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1],[3]	Nov. 01, 2028
Interest Rate	[1],[3]	4.25%
Totals note payables	[1],[3]
Charlotte 3 Park MHP LLC (Dixie) - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Sep. 01, 2032
Interest Rate		4.87%
Interest Only Period (Months)		60 months
Totals note payables		$ 485,000
Charlotte 3 Park MHP LLC (Driftwood) - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 274,000
Carolinas 4 MHP LLC (Asheboro, Morganton) [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Jan. 10, 2027
Interest Rate	[1]	5.30%
Interest Only Period (Months)	[1]	36 months
Totals note payables	[1]			3,105,070
Carolinas 4 MHP LLC (Asheboro) - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 1,374,000
Carolinas 4 MHP LLC (Morganton) - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 1,352,000
Sunnyland MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Feb. 10, 2027
Interest Rate	[1]	5.37%
Interest Only Period (Months)	[1]	36 months
Totals note payables	[1]
Sunnyland MHP LLC - KeyBank [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 01, 2032
Interest Rate	[1]	4.87%
Interest Only Period (Months)	[1]	60 months
Totals note payables	[1]	$ 1,057,000
Warrenville MHP LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Mar. 10, 2027
Interest Rate	[1]	5.59%
Interest Only Period (Months)	[1]	36 months
Totals note payables	[1]	$ 1,218,870
Spaulding MHP LLC One [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Jul. 22, 2043
Interest Only Period (Months)		12 months
Totals note payables		$ 1,600,000
Solid Rock MHP LLC One [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Jul. 07, 2032
Interest Rate		5%
Interest Only Period (Months)		12 months
Totals note payables		$ 925,000
Red Fox MHP LLC One [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Aug. 01, 2032
Interest Rate		5.25%
Interest Only Period (Months)		24 months
Totals note payables		$ 2,250,000
Statesville MHP LLC One [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 13, 2025
Interest Rate	[1]
Interest Only Period (Months)	[1]	36 months
Totals note payables	[1]	$ 1,519,925
Timberview MHP LLC One [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 13, 2025
Interest Rate	[1]
Interest Only Period (Months)	[1]	36 months
Totals note payables	[1]	$ 1,418,075
Northview MHP LLC - land (Seller Finance) [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Sep. 15, 2027
Interest Rate		6%
Interest Only Period (Months)		60 months
Totals note payables		$ 792,654
Statesville, Northview, and Timberview MHP LLC - homes (Seller Finance) [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Sep. 15, 2027
Interest Rate		6%
Interest Only Period (Months)		60 months
Totals note payables		$ 407,345
Gvest Finance LLC (B&D homes) [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		May 01, 2024
Interest Rate		5%
Totals note payables		$ 624,833		657,357
Gvest Finance LLC (Countryside homes) [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Mar. 20, 2050
Interest Rate		5.50%
Totals note payables				1,287,843
Gvest Finance LLC (Golden Isles homes) [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date		Mar. 31, 2036
Interest Rate		4%
Interest Only Period (Months)		180 months
Totals note payables		$ 684,220		787,500
Gvest Anderson Homes LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Jul. 10, 2026
Interest Rate	[1]	5.21%
Interest Only Period (Months)	[1]	24 months
Totals note payables	[1]			2,006,193
Gvest Capital View Homes LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 10, 2026
Interest Rate	[1]	5.39%
Interest Only Period (Months)	[1]	24 months
Totals note payables	[1]			342,936
Gvest Hidden Oaks Homes LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Sep. 10, 2026
Interest Rate	[1]	5.33%
Interest Only Period (Months)	[1]	24 months
Totals note payables	[1]			416,560
Gvest Carolinas 4 Homes LLC (Asheboro, Morganton) [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Jan. 10, 2027
Interest Rate	[1]	5.30%
Interest Only Period (Months)	[1]	36 months
Totals note payables			[1]	1,294,930
Gvest Sunnyland Homes LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1],[3]	Feb. 10, 2027
Interest Rate	[1],[3]	5.37%
Interest Only Period (Months)	[1],[3]	36 months
Totals note payables	[1],[3]
Gvest Warrenville Homes LLC [Member]
Promissory Notes (Details) - Schedule of outstanding principal balance [Line Items]
Maturity Date	[1]	Mar. 10, 2027
Interest Rate	[1]	5.59%
Interest Only Period (Months)	[1]	36 months
Totals note payables	[1]	$ 1,221,130
[1] The notes indicated above are subject to certain financial covenants. The Company repaid the Charlotte 3 Park MHP LLC note payable of $1,500,000 on March 1, 2022 and recognized refinancing cost expense totaling $15,751. This community was refinanced on April 14, 2022 with a different lender and the Company capitalized $258,023 of debt issuance costs related to the new note. The Company entered into and paid off these promissory notes within the nine months ended September 30, 2022.

Promissory Notes (Details) - _2

Promissory Notes (Details) - Schedule of lines of credit – variable interest entities - USD ($)		9 Months Ended	12 Months Ended
		Sep. 30, 2022	Dec. 31, 2021
Promissory Notes (Details) - Schedule of lines of credit – variable interest entities [Line Items]
Total Lines of Credit - VIEs		$ 5,411,344	$ 6,352,356
Discount Direct Lender Fees		(141,061)	(151,749)
Total Net of Discount		$ 5,270,283	6,200,607
Occupied Home Facility [Member]
Promissory Notes (Details) - Schedule of lines of credit – variable interest entities [Line Items]
Borrower	[1]	Gvest Homes I LLC
Community	[1]	ARC, Crestview, Maple
Maturity Date	[1]	01/01/30
Interest Rate	[1]	8.375%
Maximum Credit Limit	[1]	$ 20,000,000
Total Lines of Credit - VIEs	[1]	$ 2,446,084	2,517,620
Multi-Community Rental Home Facility [Member]
Promissory Notes (Details) - Schedule of lines of credit – variable interest entities [Line Items]
Borrower		Gvest Finance LLC
Community		ARC, Golden Isles
Maturity Date	[2]	Various (3)
Interest Rate		Greater of 3.25% or Prime, + 375 bps
Maximum Credit Limit		$ 4,000,000
Total Lines of Credit - VIEs		$ 1,475,714	838,000
Multi-Community Floorplan Home Facility [Member]
Promissory Notes (Details) - Schedule of lines of credit – variable interest entities [Line Items]
Borrower	[1],[3]	Gvest Finance LLC
Community		Golden Isles, Springlake, Sunnyland, Crestview
Maturity Date	[1],[2],[3]	Various (3)
Interest Rate	[1],[3]	LIBOR + 6 – 8% based on days outstanding
Maximum Credit Limit	[1],[3]	$ 2,000,000
Total Lines of Credit - VIEs	[1],[3]	$ 1,489,546	1,104,255
Springlake Home Facility [Member]
Promissory Notes (Details) - Schedule of lines of credit – variable interest entities [Line Items]
Borrower	[3]	Gvest Finance LLC
Community	[3]	Springlake
Maturity Date	[3]	12/10/26
Interest Rate	[3]	6.75%
Maximum Credit Limit	[3]	$ 3,300,000
Total Lines of Credit - VIEs	[3]		$ 1,892,481
[1]During the nine months ended September 30, 2022, the Company drew down $19,145 related to the Occupied Home Facility and $1,251,321 related to the Multi-Community Floorplan Home Facility and $693,881 was transferred from the Multi-Community Floorplan Home Facility to the Multi-Community Rental Home Facility as the homes became occupied as rental units.[2]The maturity date of the of the Multi-Community Floorplan Line of Credit will vary based on each statement of financial transaction, a report identifying the funded homes and the applicable financial terms.[3]Payments on the Multi-Community Floorplan Home Facility advances are interest only until each advance is paid off or transferred to the Multi-Community Rental Home Facility and payments on the Springlake Home Facility are interest only for the first six months. During the first quarter of 2022, the Company drew down $596,563 related to the Springlake Home Facility and used the proceeds to pay down the same amount on the Multi-Community Floorplan Home Facility so that all homes at Springlake were financed by one lender. During the nine months ended September 30, 2022, in connection with KeyBank refinancing, the Company repaid the outstanding balance of this facility on behalf of Gvest Finance LLC.

Promissory Notes (Details) - _3

Promissory Notes (Details) - Schedule of minimum annual principal payments of notes payable - Notes Payable [Member]	9 Months Ended
	Sep. 30, 2022 USD ($)
Promissory Notes (Details) - Schedule of minimum annual principal payments of notes payable [Line Items]
2022	$ 41,147
2023	367,130
2024	1,751,244
2025	3,362,574
2026	454,742
Thereafter	76,096,560
Total minimum principal payments	$ 82,073,396

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($)					3 Months Ended		9 Months Ended		12 Months Ended
	Jun. 11, 2021	May 24, 2021	Dec. 02, 2019	Nov. 01, 2019	Sep. 30, 2022	Jun. 30, 2022	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021	May 08, 2019
Stockholders' Equity (Details) [Line Items]
Option value accretion					$ 353,472		$ 353,472	$ 354,396
Designation, description				the Company launched an offering under Regulation A of Section 3(6) of the Securities Act of 1933, as, amended, for Tier 2 offerings, pursuant to which the Company offered up to 1,000,000 shares of Series B Preferred Stock at an offering price of $10.00 per share, for a maximum offering amount of $10,000,000.
Redemptions limited percentage							4%
Percentage of aggregate redemption price, description							●11% if the redemption is requested on or before the first anniversary of the original issuance of such shares;   ● 8% if the redemption is requested after the first anniversary and on or before the second anniversary of the original issuance of such shares;     ● 5% if the redemption is requested after the second anniversary and on or before the third anniversary of the original issuance of such shares; and     ● after the third anniversary of the date of original issuance of shares to be redeemed, no redemption fee shall be subtracted from the redemption price.
Redemption price include premium stated value							10%
Common Stock, shares authorized					200,000,000		200,000,000		200,000,000
Common stock, par value					$ 0.01		$ 0.01		$ 0.01
Common Stock, shares issued					12,478,012		12,478,012		12,403,680
Common stock shares outstanding					12,478,012		12,478,012		12,403,680
Common Stock issued through stock options							74,332	5,100
Stock Issued for cash value					$ 660	$ 83
Granted shares					503,842		503,842		706,175
Stock options issued, value							100,000
Stock option expense							$ 105,884	$ 38,033
Aggregate fair value of the options issued							$ 570,221
Option issued							45,000
Granted price, per share							$ 0.01
Aggregate share of money options							503,842
Aggregate intrinsic value					$ 851,493		$ 851,493
Preferred Stock [Member]
Stockholders' Equity (Details) [Line Items]
Preferred stock shares, authorized					10,000,000		10,000,000
Preferred stock par value					$ 0.01		$ 0.01
Series A Preferred Stock [Member]
Stockholders' Equity (Details) [Line Items]
Preferred stock shares, authorized					4,000,000		4,000,000		4,000,000
Preferred stock par value					$ 0.01		$ 0.01		$ 0.01
Preferred stock, designated shares										4,000,000
Cumulative dividends, per shares					0.017		$ 0.017
Dividend rate, percentage							8%
Liquidation preference per share					2.5		$ 2.5
Dividends paid							$ 282,778	290,561
Liquidation preference							2.5
Conversion price							$ 2.5
Common stock is greater than liquidation preference, per shares					$ 2.5		$ 2.5
Preferred stock, issued					1,866,000		1,866,000		1,886,000
Preferred stock, outstanding					1,866,000		1,866,000		1,886,000
Preferred stock totaling							$ 4,665,000		$ 4,715,000
Accretion of put options totaling							$ 1,464,145		$ 1,126,771
Series B Preferred Stock [Member]
Stockholders' Equity (Details) [Line Items]
Preferred stock shares, authorized					1,000,000		1,000,000		1,000,000
Preferred stock par value					$ 0.01		$ 0.01		$ 0.01
Liquidation preference per share					$ 10		$ 10
Dividends paid							$ 455,355	427,517
Option value accretion					$ 527,980		$ 527,980	$ 554,780
Preferred stock, issued					747,951		747,951		758,551
Preferred stock, outstanding					747,951		747,951		758,551
Cumulative redeemable preferred stock			1,000,000
Dividend rate and payment dates, description							Holders of Series B Preferred Stock will be entitled to receive cumulative dividends in the amount of $0.067 per share each month, which is equivalent to the annual rate of 8% of the $10.00 liquidation preference per share; provided that upon an event of default (generally defined as the Company’s failure to pay dividends when due or to redeem shares when requested by a holder), such amount shall be increased to $0.083 per month, which is equivalent to the annual rate of 10% of the $10.00 liquidation preference per share.
Offering bonus, description				In addition, the Company offered bonus shares to early investors in this offering, whereby the first 400 investors received, in addition to Series B Preferred Stock, 100 shares of Common Stock, regardless of the amount invested, for a total of 40,000 shares of Common Stock.
Aggregate sale of shares								117,297
Total gross proceeds								$ 1,172,970
Received net proceeds								1,087,485
Net of commissions							$ 7,079,716		$ 7,185,716
Accretion of put options total							1,860,898		1,332,878
Series C Preferred Stock [Member]
Stockholders' Equity (Details) [Line Items]
Dividends paid							484,521
Preferred stock, issued	47,000
Total gross proceeds							10,253,917
Designated shares		$ 47,000
Initial stated value							$ 1,000
Description of dividends							Holders of Series C Preferred Stock are entitled to receive cumulative monthly cash dividends at a per annum rate of 7% of the stated value (or $5.83 per share each month based on the initial stated value).
Accrued dividends							$ 112,695
Preferred stock per share	$ 1,000
Maximum offering amount	$ 47
Aggregate of shares							10,260
Received net proceed							$ 9,573,085
Preferred stock shares issued					15,994		15,994
Preferred stock shares outstanding					15,988,317		15,988,317
Gross proceeds totaling							$ 1,099,951		$ 5,734,400
Redeemable Preferred Stock issued					15,994		15,994		5,734
Redeemable Preferred Stock outstanding					15,994		15,994		5,734
Net of total unamortized debt issuance costs									$ 520,030
Common Stock [Member]
Stockholders' Equity (Details) [Line Items]
Common Stock, shares authorized					200,000,000		200,000,000
Common stock, par value					$ 0.01		$ 0.01
Total exercise price							$ 743
Stock Issued for cash value								$ 1,377
Equity Incentive Plan [Member]
Stockholders' Equity (Details) [Line Items]
Granted shares					503,842		503,842
Remaining shares under plan							496,158
Stock options issued, value							145,000	50,000
Granted price, per share							$ 0.01

Stockholders' Equity (Details)

Stockholders' Equity (Details) - Schedule of summarizes the stock options outstanding	9 Months Ended
	Sep. 30, 2022 $ / shares shares
Schedule Of Summarizes The Stock Options Outstanding Abstract
Number of options, outstanding beginning balance | shares	706,175
Weighted average exercise price (per share), outstanding beginning balance | $ / shares	$ 0.01
Weighted average remaining contractual term (in years), outstanding beginning balance	6 years 7 months 6 days
Number of options, granted | shares	145,000
Weighted average exercise price (per share), granted | $ / shares	$ 0.01
Weighted average remaining contractual term (in years), granted	9 years 6 months
Number of options, exercised | shares	(78,333)
Weighted average exercise price (per share), exercised | $ / shares	$ (0.01)
Weighted average remaining contractual term (in years), exercised	6 years 2 months 12 days
Number of options, forfeited / cancelled / expired | shares	(269,000)
Weighted average exercise price (per share), forfeited / cancelled / expired | $ / shares	$ (0.01)
Weighted average remaining contractual term (in years), forfeited / cancelled / expired	5 years 10 months 24 days
Number of options, outstanding ending balance | shares	503,842
Weighted average exercise price (per share), outstanding ending balance | $ / shares	$ 0.01
Weighted average remaining contractual term (in years), outstanding ending balance	6 years 9 months 18 days
Number of options, exercisable | shares	357,175
Weighted average exercise price (per share), exercisable | $ / shares	$ 0.01
Weighted average remaining contractual term (in years), exercisable	5 years 8 months 12 days

Stockholders' Equity (Details_2

Stockholders' Equity (Details) - Schedule of summarizes information concerning options outstanding - Strike Price Range 0.01 [Member]	9 Months Ended
	Sep. 30, 2022 $ / shares shares
Stockholders' Equity (Details) - Schedule of summarizes information concerning options outstanding [Line Items]
Strike Price Range	$ 0.01
Outstanding stock options (in Shares) | shares	288,675
Weighted average remaining contractual term (in years)	5 years 2 months 12 days
Weighted average outstanding strike price	$ 0.01
Vested stock options (in Shares) | shares	288,675
Weighted average vested strike price	$ 0.01
Strike Price Range	$ 0.01
Outstanding stock options (in Shares) | shares	28,500
Weighted average remaining contractual term (in years)	7 years 3 months 18 days
Weighted average outstanding strike price	$ 0.01
Vested stock options (in Shares) | shares	28,500
Weighted average vested strike price	$ 0.01
Strike Price Range	$ 0.01
Outstanding stock options (in Shares) | shares	50,000
Weighted average remaining contractual term (in years)	8 years 3 months 18 days
Weighted average outstanding strike price	$ 0.01
Vested stock options (in Shares) | shares	33,333
Weighted average vested strike price	$ 0.01
Strike Price Range	$ 0.01
Outstanding stock options (in Shares) | shares	136,667
Weighted average remaining contractual term (in years)	9 years 6 months
Weighted average outstanding strike price	$ 0.01
Vested stock options (in Shares) | shares	6,667
Weighted average vested strike price	$ 0.01

Stockholders' Equity (Details_3

Stockholders' Equity (Details) - Schedule of black scholes option pricing model with the following assumptions for grants made during the periods indicated	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Stockholders' Equity (Details) - Schedule of black scholes option pricing model with the following assumptions for grants made during the periods indicated [Line Items]
Expected dividend yield	0%	0%
Expected life of options (in years)		6 years 6 months
Minimum [Member]
Stockholders' Equity (Details) - Schedule of black scholes option pricing model with the following assumptions for grants made during the periods indicated [Line Items]
Risk-free interest rate	1.40%	0.26%
Expected volatility	237.85%	16.03%
Expected life of options (in years)	6 years 6 months
Maximum [Member]
Stockholders' Equity (Details) - Schedule of black scholes option pricing model with the following assumptions for grants made during the periods indicated [Line Items]
Risk-free interest rate	2.84%	1.40%
Expected volatility	249.77%	273.98%
Expected life of options (in years)	7 years

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Related Party Transactions (Details) [Line Items]
Lease amount per month			$ 12,000
Payments for Rent	$ 36,000	$ 36,000	108,000	$ 108,000
Fees received			1,080,000		$ 250,000
Accrued guaranty fee			1,000,000
Personal guaranty for key bank			62,000,000
Personal guaranties on promissory notes			400,000
Consulting agreement per month			8,000
Amount paid for development consulting services			8,000
Refinance totaling			32,000
Acquisitions paid			160,384
Mr. Kelly
Related Party Transactions (Details) [Line Items]
Acquisitions paid	$ 35,000		$ 55,000

Subsequent Events (Details)

Subsequent Events (Details)

9 Months Ended

Sep. 30, 2022 USD ($) shares

Nov. 14, 2022 USD ($)

Oct. 07, 2022 USD ($)

Oct. 04, 2022 shares

Sep. 14, 2022 m²

Sep. 01, 2022 USD ($)

Jul. 29, 2022 m²

Jul. 12, 2022 USD ($) a

Jul. 07, 2022 m²

Jun. 28, 2022 m²

Jun. 24, 2022 USD ($) m²

Jun. 17, 2022 m²

Mar. 31, 2022 m²

Jan. 31, 2022 m²

Subsequent Events (Details) [Line Items]

Net proceeds

$ 2,140,701

Number of sites

54

Number of homes

72

Number of acres (in Acres) | m²

18.57

Subsequent event, description

Interest on the disbursed and unpaid principal balance accrues from the date funds are first disbursed at a rate of 7.39% per annum. Interest only payments will begin on January 10, 2023 and continue the 10th of every month until December 10, 2025 and thereafter amortize over three hundred and sixty consecutive monthly installments of principal and interest through November 10, 2027. The note matures on December 10, 2027 at which point all accrued but unpaid interest and outstanding principal balance is due. The note may be prepaid in part or in full during the first 60 months of the loan term subject to a penalty as specified in the loan agreement or thereafter, without penalty.

Purchase price

$ 4,500,000

Acres (in Square Meters) | m²

75

9

11

62

43

17

45

15.09

Principal amount

$ 62,000,000

MHP Pursuits LLC [Member]

Subsequent Events (Details) [Line Items]

Membership interests

100%

Series C Preferred Stock [Member]

Subsequent Events (Details) [Line Items]

Aggregate of preferred shares (in Shares) | shares

2,294

Total gross proceeds

$ 2,291,580

Subsequent Event [Member]

Subsequent Events (Details) [Line Items]

Principal amount

$ 900,000

Exercise of stock options (in Shares) | shares

15,000

Principal amount

$ 3,600,000

MHP Pursuits LLC [Member]

Subsequent Events (Details) [Line Items]

Number of sites

21

Number of homes

21

Number of acres (in Acres) | a

2.9

Total purchase price

$ 1,125,000

Subsequent event, description

Interest on the disbursed and unpaid principal balance accrues from the date funds are first disbursed at a rate of 6.00% per annum, interest only until maturity on November 1, 2042. Payments of $6,448 will begin on December 1, 2022 and continue the 1st of every month until maturity. Glynn Acres MHP LLC may prepay the note in part or in full during the first 60 months of the loan term subject to a penalty of 3% of the outstanding loan balance or afterwards without penalty.