Reven Housing REIT (RVEN) 10-K 31 Mar 15 2014 FY Annual report Financial data

Document_And_Entity_Informatio

Document And Entity Information (USD $)	12 Months Ended
	Dec. 31, 2014	Feb. 28, 2015	Jun. 30, 2014
Document Information [Line Items]
Entity Registrant Name	Reven Housing REIT, Inc.
Entity Central Index Key	1487782
Current Fiscal Year End Date	-19
Entity Filer Category	Smaller Reporting Company
Trading Symbol	RVEN
Entity Common Stock, Shares Outstanding		7,016,796
Document Type	10-K
Amendment Flag	FALSE
Document Period End Date	31-Dec-14
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2014
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$2,275,620

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2014	Dec. 31, 2013
Investments in real estate:
Land	$5,422,647	$2,514,009
Buildings and improvements	23,961,608	9,685,361
Investment in real estate,Gross	29,384,255	12,199,370
Accumulated depreciation	-592,114	-73,950
Investments in real estate, net	28,792,141	12,125,420
Cash	3,343,236	2,134,510
Rents and other receivables	157,230	10,053
Property tax and insurance reserves	260,123	0
Escrow deposits and prepaid expenses	221,264	151,128
Lease origination costs, net	168,145	75,038
Deferred loan fees, net	333,544	0
Deferred stock issuance costs	535,450	35,000
Total Assets	33,811,133	14,531,149
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable and accrued liabilities	718,162	347,179
Security deposits	306,004	156,985
Notes payable	11,522,140	0
Total Liabilities	12,546,306	504,164
Commitments and contingencies (Note 12)
Stockholders' Equity
Preferred stock, $.001 par value; 25,000,000 shares authorized; No shares issued or outstanding	0	0
Common stock, $.001 par value; 100,000,000 shares authorized; 7,016,796 and 4,393,046 shares issued and outstanding at December 31, 2014 and 2013, respectively	7,017	4,393
Additional paid-in capital	24,601,295	16,036,648
Accumulated deficit	-3,343,485	-2,014,056
Total Stockholders' Equity	21,264,827	14,026,985
Total Liabilities and Stockholders' Equity	$33,811,133	$14,531,149

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized	25,000,000	25,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	7,016,796	4,393,046
Common stock, shares outstanding	7,016,796	4,393,046

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Rental income	$2,599,542	$342,243
Other income	20,586	0
Revenues Total	2,620,128	342,243
Operating expenses:
Rental expenses	1,115,842	136,679
General and administrative	1,298,513	366,071
Depreciation and amortization	613,572	96,812
Legal and accounting	272,713	195,156
Real estate acquisition costs	454,554	279,965
Interest expense	194,363	77,004
Amortization of discount on notes payable	0	563,253
Total operating expenses	3,949,557	1,714,940
Net loss	($1,329,429)	($1,372,697)
Net loss per share (Basic and fully diluted) (in dollars per share)	($0.22)	($1.03)
Weighted average number of common shares outstanding (basic and fully diluted) (in shares)	5,946,159	1,336,614

CONSOLIDATED_STATEMENTS_OF_CHA

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (USD $)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit
Balances at Dec. 31, 2012	($283,496)	$417	$357,446	($641,359)
Balances (in shares) at Dec. 31, 2012		417,500
Fair market value of note conversion feature and warrants issued	291,920	0	291,920	0
Shares issued on conversion of notes	902,176	226	901,950	0
Shares issued on conversion of notes (in shares)		225,546
Net proceeds on issuances of shares	14,489,082	3,750	14,485,332	0
Net proceeds on issuances of shares (in shares)		3,750,000
Net loss	-1,372,697	0	0	-1,372,697
Balances at Dec. 31, 2013	14,026,985	4,393	16,036,648	-2,014,056
Balances (in shares) at Dec. 31, 2013		4,393,046
Net proceeds on issuances of shares	8,372,271	2,150	8,370,121	0
Net proceeds on issuances of shares (in shares)		2,150,000
Stock compensation	195,000	474	194,526	0
Stock compensation (in shares)		473,750
Net loss	-1,329,429	0	0	-1,329,429
Balances at Dec. 31, 2014	$21,264,827	$7,017	$24,601,295	($3,343,485)
Balances (in shares) at Dec. 31, 2014		7,016,796

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Cash Flows From Operating Activities:
Net loss	($1,329,429)	($1,372,697)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	613,572	96,812
Stock compensation	195,000	0
Amortization of loan fees	29,052	0
Amortization of discount on notes payable	0	563,253
Changes in operating assets and liabilities:
Rents and other receivables	-147,177	-6,678
Property tax and insurance reserves	-260,123	0
Increase Decrease In Deposit Assets And Prepaid Expenses	-70,136	-151,128
Accounts payable and accrued liabilities	79,362	215,806
Security deposits	149,019	153,610
Related party advances	0	-266,877
Net cash used in operating activities	-740,860	-767,899
Cash Flows From Investing Activities:
Acquisitions and additions of investments in real estate	-17,184,885	-11,855,960
Lease origination costs	-188,515	-99,300
Net cash used in investing activities	-17,373,400	-11,955,260
Cash Flows From Financing Activities:
Proceeds from notes payable	11,522,140	500,000
Payment of convertible notes payable	0	-152,176
Payment of loan fees	-362,596	0
Proceeds from common stock issuance	8,600,000	14,539,082
Payments of stock issuance costs	-436,558	-35,000
Net cash provided by financing activities	19,322,986	14,851,906
Net Increase In Cash	1,208,726	2,128,747
Cash at the Beginning of the Year	2,134,510	5,763
Cash at the End of the Year	3,343,236	2,134,510
Supplemental Disclosure of Non-Cash Investing and Financing Activities:
Debt discount for allocation of proceeds to warrants and beneficial conversion feature of debt	0	291,920
Conversion of debt to common shares	0	902,176
Deferred costs of common stock issuance	0	50,000
Supplemental Disclosure:
Cash paid for interest	$124,501	$88,821

ORGANIZATION_AND_OPERATION

ORGANIZATION AND OPERATION	12 Months Ended
	Dec. 31, 2014
Organization And Operation [Abstract]
Nature of Operations [Text Block]	NOTE 1. ORGANIZATION AND OPERATION
	Reven Housing REIT, Inc. was initially incorporated in the State of Colorado and then converted to a Maryland corporation on April 1, 2014 (Reven Housing REIT, Inc., along with its subsidiaries, are also referred to herein collectively as the (“Company”). The Company acquires portfolios of occupied and rented single family homes throughout the United States with the objective of receiving income from rental property activity and future profits from the sale of rental property at appreciated values.
	As of December 31, 2014 the Company owned 395 single family homes in the Houston, Jacksonville, Memphis and Atlanta metropolitan areas.
	Restatement of Prior Period Consolidated Financial Statements
	In connection with preparing the annual financial information presented in this report, prior period errors were identified which affected the annual period ended December 31, 2013. These errors occurred in the Company’s accounting for the acquisition of certain real property portfolios of single family homes included in investment in real estate and involve acquisition costs that were improperly capitalized, and the reallocation of acquisition values from building and improvements to lease origination costs. These errors require the Company to restate previously reported financial results. The effects of these prior period errors in the consolidated financial statements are as follows:
		December 31, 2013
		As		As previously
		Restated		Reported		Adjustment
	Consolidated Balance Sheet
	Buildings and improvements	$	9,685,361	$	10,064,626	$	-379,265
	Accumulated depreciation	$	-73,950	$	-76,200	$	2,250
	Investment in real estate, net	$	12,125,420	$	12,502,435	$	-377,015
	Lease origination costs	$	75,038	$	-	$	75,038
	Total Assets	$	14,531,149	$	14,833,126	$	-301,977
	Accumulated deficit	$	-2,014,056	$	-1,712,079	$	-301,977
	Total Stockholders' Equity	$	14,026,985	$	14,328,962	$	-301,977
	Total Liabilities and Stockholders' Equity	$	14,531,149	$	14,833,126	$	-301,977
	Consolidated Statement of Operations
	Real estate acquisition costs	$	279,965	$	-	$	279,965
	Depreciation and amortization	$	96,812	$	74,800	$	22,012
	Total operating expenses	$	1,714,940	$	1,412,963	$	301,977
	Net loss	$	-1,372,697	$	-1,070,720	$	-301,977
	Net loss per share	$	-1.03	$	-0.8	$	-0.23
	Consolidated Statement of Cash Flows
	Net loss	$	-1,372,697	$	-1,070,720	$	-301,977
	Depreciation and amortization	$	96,812	$	74,800	$	22,012
	Net cash used in operating activities	$	-767,899	$	-336,806	$	-431,093
	Acquisitions of investments in real estate	$	-11,855,960	$	-12,235,225	$	379,265
	Lease origination costs	$	-99,300	$	-	$	-99,300
	Net cash used in investing activities	$	-11,955,260	$	-12,386,353	$	431,093

BASIS_OF_PRESENTATION_AND_SIGN

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies [Text Block]	NOTE 2. BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES
	Basis of Presentation
	The accompanying consolidated financial statements are presented in conformity with accounting principles generally accepted in the United States of America (“GAAP”), as contained within the Financial Accounting Standards Board (“FASB”) Accounting Standard Codification (“ASC”), and the rules and regulations of the Securities Exchange Commission (“SEC”).
	Principles of Consolidation
	The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, Reven Housing Georgia, LLC, Reven Housing Texas, LLC, Reven Housing Florida, LLC, Reven Housing Florida 2, LLC, and Reven Housing Tennessee, LLC. All significant inter-company accounts and transactions have been eliminated in consolidation.
	Use of Estimates
	The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the balance sheet dates and reported amounts of revenues and expenses for the periods presented. Accordingly, actual results could differ from those estimates.
	Financial Instruments
	The carrying value of the Company’s financial instruments, as reported in the accompanying consolidated balance sheets, approximates fair value due to their short term nature. The Company’s financial instruments consist of cash, rents and other receivables, tax and insurance reserves, escrow deposits, accounts payable and accrued liabilities, and security deposits.
	Reclassifications
	Certain amounts for 2013 have been reclassified to conform to the current year’s presentation.
	Investments in Real Estate
	The Company accounts for its investments in real estate as business combinations under the guidance of ASC Topic 805, Business Combinations (“ASC 805”) and these acquisitions are recorded at fair value, allocated to land, building and the existing lease based upon their fair values at the date of acquisition, with acquisition costs expensed as incurred. In making estimates of fair values for purposes of allocating purchase price, the Company utilizes its own market knowledge and published market data. The estimated fair value of acquired in-place leases represents the expected costs the Company would have incurred to lease the property at the date of acquisition. Each portfolio of acquired property is recorded as a separate business combination.
	Land, buildings and improvements are recorded at cost. Buildings and improvements are depreciated over estimated useful lives of approximately 27.5 years using the straight-line method. Lease origination costs are amortized over the average remaining term of the in-place leases which is generally less than one year. Maintenance and repair costs are charged to expenses as incurred.
	The Company assesses the impairment of investments in real estate, whenever events or changes in business circumstances indicate that carrying amounts of the assets may not be fully recoverable. When such events occur, management determines whether there has been impairment by comparing the asset’s carrying value with its fair value. Should impairment exist, the asset is written down to its estimated fair value. The Company has not recognized any impairment losses for the years ended December 31, 2014 and 2013.
	Cash
	The Company maintains its cash, cash equivalents and escrow deposits at financial institutions. The combined account balances at one or more institutions typically exceed the Federal Depository Insurance Corporation ("FDIC") insurance coverage, and, as a result, there is a concentration of credit risk related to amounts on deposit in excess of FDIC insurance coverage. The Company believes that the risk is not significant, as the Company does not anticipate the financial institutions’ non-performance. As of December 31, 2014 and 2013, the Company did not have any cash equivalents.
	Rents and Other Receivables
	Rents and other receivables represent the amount of rent receivables, security deposits and net rental funds which are held by the property managers on behalf of the Company, net of any allowance for amounts deemed uncollectible. The Company has not recognized any allowance for doubtful accounts as of December 31, 2014 and 2013.
	Property Tax and Insurance Reserves
	Tax and insurance reserves represent amounts held in accordance with the terms of the Company’s notes payable for property taxes and insurance.
	Escrow Deposits and Prepaid Expenses
	Escrow deposits include refundable and non-refundable cash and earnest money on deposit with third parties for property purchases.
	Deferred Loan Fees
	Costs incurred in the placement of the Company’s debt are deferred and amortized using the effective interest method over the term of the loans as a component of interest expense on the consolidated statements of operations. Deferred loan closing costs and fees totaled $362,596 as of December 31, 2014 and amortization expense for these loan fees was $29,052 for the year ended December 31, 2014. No loan fees or related amortization were incurred during the year ended December 31, 2013.
	Deferred Stock Issuance Costs
	Deferred stock issuance costs represent amounts paid for legal, consulting, and other offering expenses in conjunction with the future raising of additional capital to be performed within one year. These costs are netted against additional paid-in capital as a cost of the stock issuance upon closing of the respective stock placement. During the year ended December 31, 2014, $227,729 of deferred stock issuance costs were netted against additional paid-in capital as a cost of stock issued. During the year ended December 31, 2013, $510,918 of deferred stock issuance costs were netted against additional paid-in capital as a cost of stock issued.
	Security Deposits
	Security deposits represent amounts deposited by tenants at the inception of the lease.
	Warrant Issuance and Note Conversion Feature
	The Company accounts for the proceeds from the issuance of convertible notes payable with detachable stock purchase warrants and embedded conversion features in accordance with FASB ASC 470-20, Debt with Conversion and Other Options. Under FASB ASC 470-20, the proceeds from the issuance of a debt instrument with detachable stock purchase warrants is allocated to the two elements based on the relative fair values of the debt instrument without the warrants and of the warrants themselves at the time of issuance. The portion of the proceeds allocated to the warrants is accounted for as additional paid-in capital and the remaining proceeds are allocated to the debt instrument which resulted in a discount to debt which is amortized and charged as interest expense over the term of the note agreement. Additionally, pursuant to FASB ASC 470-20, the intrinsic value of the embedded conversion feature of the convertible notes payable is included in the discount to debt and amortized and charged to interest expense over the life of the note agreement.
	Revenue Recognition
	Property is leased under short term rental agreements of generally one year and revenue is recognized over the lease term on a straight-line basis.
	Income Taxes
	The tax benefit of uncertain tax positions is recognized only if it is “more likely than not” that the tax position will be sustained, based solely on its technical merits, with the taxing authority having full knowledge of relevant information. The measurement of a tax benefit for an uncertain tax position that meets the “more likely than not” threshold is based on a cumulative probability model under which the largest amount of tax benefit recognized is the amount with a greater than 50% likelihood of being realized upon ultimate settlement with the taxing authority, having full knowledge of all the relevant information. As of December 31, 2014 and 2013, the Company had no unrecognized tax benefits.
	The Company intends to elect to be taxed as a real estate investment trust (“REIT”), as defined in the Internal Revenue Code, commencing with the taxable year ended December 31, 2015. Management believes that the Company will be able to satisfy the requirements for qualification as a REIT. Accordingly, the Company does not expect to be subject to federal income tax, provided that it qualifies as a REIT and distributions to the stockholders equal or exceed REIT taxable income.
	However, qualification and taxation as a REIT depends upon the Company’s ability to meet the various qualification tests imposed under the Internal Revenue Code related to the percentage of income that are earned from specified sources, the percentage of assets that fall within specified categories, the diversity of capital stock ownership, and the percentage of earnings that are distributed. Accordingly, no assurance can be given that the Company will be organized or be able to operate in a manner so as to qualify or remain qualified as a REIT. If the Company fails to qualify as a REIT in any taxable year, it will be subject to federal and state income tax (including any applicable alternative minimum tax) on its taxable income at regular corporate tax rates, and the Company may be ineligible to qualify as a REIT for four subsequent tax years. Even if the Company qualifies as a REIT, it may be subject to certain state or local income taxes.
	Incentive Compensation Plan
	During 2012, the Company established the 2012 Incentive Compensation Plan, which was subsequently amended and restated in December 2013 (“2012 Plan”). The 2012 Plan allows for the grant of options and other awards representing up to 1,650,000 shares of the Company’s common stock. Such awards may be granted to officers, directors, employees, consultants and other persons who provide services to the Company or any related entity. Under the 2012 Plan, options may be granted at an exercise price greater than or equal to the market value at the date of the grant, for owners of 10% or more of the voting shares, at an exercise price of not less than 110% of the market value. Awards are exercisable over a period of time as determined by a committee designated by the Board of Directors, but in no event longer than ten years.
	On April 4, 2014, the Board of Directors authorized the issuance of, and the Company issued, an aggregate of 48,750 shares of the Company’s common stock under the 2012 Plan to the members of the Board of Directors as compensation for their services.
	On October 16, 2014, the Board of Directors authorized the issuance of, and the Company issued, an aggregate of 425,000 shares of the Company’s common stock under the 2012 Plan to certain officers and consultants of the Company. The shares issued are subject to restrictions and future vesting conditions based on the Company reaching certain future milestones. None of the shares were vested as of the issuance date.
	Net Loss Per Share
	Net loss per share is computed by dividing the net loss by the weighted average number of shares of common stock outstanding. Warrants, stock options, and common stock issuable upon the conversion of the Company's preferred stock (if any), are not included in the computation if the effect would be anti-dilutive and would increase the earnings or decrease loss per share. For the year ended December 31, 2014, and 2013, potentially dilutive securities excluded from the calculations were 263,588 shares issuable upon exercise of outstanding warrants granted in conjunction with the convertible notes.
	On November 5, 2014, the Company effected a 1-for-20 reverse stock split of the issued common stock. Each stockholder’s percentage ownership and proportional voting power generally remained unchanged as a result of the reverse stock split. All applicable share data, per share amounts and related information in the consolidated financial statements and noted thereto have been adjusted retroactively to give effect to the 1-for-20 reverse stock split.
	New Accounting Pronouncements
	In May 2014, the FASB issued Accounting Standards Update, or ASU, No. 2014-09 Revenue from Contracts with Customers, or ASU No. 2014-09, which will supersede nearly all existing revenue recognition guidance under GAAP. ASU No. 2014-09 provides that an entity recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This update also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments, and assets recognized from costs incurred to obtain or fulfill a contract. ASU No. 2014-09 allows for either full retrospective or modified retrospective adoption and will become effective for the Company in the fourth quarter of 2016.
	In April 2014, the FASB issued Accounting Standards Update, or ASU, No. 2014-08, which amends the definition of a discontinued operation in Codification Topic Presentation of Financial Statements (“ASC 205”) to change the criteria for reporting discontinued operations and enhance disclosure requirements. Under ASU No. 2014-08, only disposals representing a strategic shift that has (or will have) a major effect on an entity’s operations and financial results should be presented as discontinued operations. ASU No. 2014-08 is effective for interim or annual periods beginning on or after December 14, 2014, with early adoption permitted. The Company is currently assessing the impact, if any, the guidance will have upon adoption.
	The Company has adopted all recently issued accounting pronouncements. The adoption of the accounting pronouncements, including those not yet effective, is not anticipated to have a material effect on the financial position or results of operations of the Company.

INVESTMENTS_IN_REAL_ESTATE

INVESTMENTS IN REAL ESTATE	12 Months Ended
	Dec. 31, 2014
Investments In Real Estate [Abstract]
Residential Homes [Text Block]	NOTE 3. INVESTMENTS IN REAL ESTATE
	The Company’s investment in real estate consists of single family homes purchased by the Company. The homes are generally leased to individual tenants under leases of one year or less.
	The following table summarizes the Company’s investments in real estate:
								Total				Investments
		Number				Buildings and		Investments		Accumulated		in Real Estate
		of Homes		Land		Improvements		in Real Estate		Depreciation		Net
	Total at December 31, 2012		5	$	67,019	$	276,391	$	343,410	$	-1,400	$	342,010
	Purchases and improvements during 2013:
	Houston, TX		150		2,394,359		9,198,173		11,592,532		-55,750		11,536,782
	Atlanta, GA		4		52,631		210,797		263,428		-16,800		246,628
	Total at December 31, 2013 (Restated)		159	$	2,514,009	$	9,685,361	$	12,199,370	$	-73,950	$	12,125,420
	Purchases and improvements during 2014:
	Houston, TX		18		319,500		1,236,765		1,556,265		-375,533		1,180,732
	Jacksonville, FL		123		1,506,938		6,865,952		8,372,890		-50,239		8,322,651
	Memphis, TN		95		1,082,200		6,160,183		7,242,383		-74,474		7,167,909
	Atlanta, GA improvements		-		-		13,347		13,347		-17,918		-4,571
	Total at December 31, 2014		395	$	5,422,647	$	23,961,608	$	29,384,255	$	-592,114	$	28,792,141

ACCOUNTS_PAYABLE_AND_ACCRUED_L

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	12 Months Ended
	Dec. 31, 2014
Accounts Payable and Accrued Liabilities [Abstract]
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	NOTE 4. ACCOUNTS PAYABLE AND ACCRUED LIABILITIES
	At December 31, 2014 and 2013, accounts payable and accrued liabilities consisted of the following:
		2014		2013
	Accounts payable	$	12,673	$	89,666
	Property taxes payable		292,290		196,141
	Accrued legal, board fees and other expenses		372,389		61,372
	Interest payable		40,810		-
		$	718,162	$	347,179

NOTES_PAYABLE

NOTES PAYABLE	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 5. NOTES PAYABLE
	On June 12, 2014, Reven Housing Texas, LLC, a wholly owned subsidiary of the Company, issued a promissory note in the principal amount of up to $7,570,000 to Silvergate Bank, secured by deeds of trust encumbering the Company’s homes located in Texas. The entire balance of principal and accrued interest is due and payable on July 5, 2019. The note provides for monthly interest only payments at a rate of 1.00% over the prime rate (interest rate is 4.25% per annum at December 31, 2014) until July 5, 2016. Thereafter, monthly payments of interest and principal, based on a 25 year amortization rate will be made until maturity. The note has a prepayment penalty of 3% calculated on principal amounts prepaid prior to July 5, 2016. There is no prepayment penalty on amounts paid after that date.
	On November 17, 2014, Reven Housing Tennessee, LLC, a wholly owned subsidiary of the Company, received loan proceeds and issued a promissory note in the principal amount of $3,952,140 to Silvergate Bank, secured by deeds of trust encumbering the Company’s homes located in Tennessee. The entire balance of principal and accrued interest is due and payable on December 5, 2019. The note provides for monthly interest only payments at a rate of 1.00% over the prime rate (interest rate is 4.25% per annum at December 31, 2014) until December 5, 2016. Thereafter, monthly payments of interest and principal, based on a 25 year amortization rate will be made until maturity. The note has a prepayment penalty of 3% calculated on principal amounts prepaid prior to December 5, 2016. There is no prepayment penalty on amounts paid after that date.
	The terms of the notes also provide for lender reserve accounts for taxes and insurance reserves. As of December 31, 2014, a total of $260,123 was held in these lender escrow accounts.
	During the year ended December 31, 2014, the Company incurred $194,363 of interest related to the notes payable, which includes $29,052 of amortization of deferred loan fees.
	A schedule of future minimum principal payments under the terms of the loans for the following years is as follows:
	2015	$	-
	2016		106,635
	2017		306,665
	2018		319,955
	2019		10,788,885
		$	11,522,140

CONVERTIBLE_NOTES_PAYABLE

CONVERTIBLE NOTES PAYABLE	12 Months Ended
	Dec. 31, 2014
Convertible Notes Payable [Abstract]
Long-term Debt [Text Block]	NOTE 6. CONVERTIBLE NOTES PAYABLE
	The Company issued convertible promissory notes (the “Notes”) to certain accredited investors, shareholders, and officers in the aggregate principal amount of $1,054,352. The maturity date for the Notes was the earlier of December 31, 2013, or upon the Company raising $5 million or more of equity capital. The Notes bore interest at a rate of 10 percent per annum payable in full on the maturity date and were unsecured. Upon the Company successfully raising additional capital, the Notes could be exchanged by the holders for such securities of the Company at the same price and on the same terms and conditions being offered to the other investors in such financing, and the principal and accrued interest under the Notes could be applied towards the purchase price of such security. The Notes could be prepaid in whole or in part at the Company’s option without penalty.
	Of the total Notes, $652,176 was issued to an officer, $350,000 was issued to accredited investors, and $52,176 to shareholders.
	On September 27, 2013, in connection with the Company’s sale of common stock through a private placement (Note 7), convertible notes with a principal balance of $902,176 were exchanged for 225,546 shares of common stock at a conversion price of $4.00 per share and retired. Also in connection with the private placement, notes with a principal balance of $152,176 were paid in full with cash payments. Additionally, the Company paid accrued interest of $82,071 on all the convertible notes with cash payments.
	Warrant Issuance and Note Conversion Feature
	In connection with the issuance of the above Notes, the Company also issued to the investors 5-year detachable warrants exercisable for shares of the Company’s common stock (the “Warrants”). The exercise price of the Warrants is at the same price per share as the price of the equity securities sold to investors in the qualified equity financing, and each Warrant provides for 100% warrant coverage on the principal amount of the related Note.
	The fair value of the Warrants and debt beneficial conversion feature were determined using the Monte-Carlo simulation valuation model that uses assumptions for expected volatility, expected dividends, and the risk-free interest rate. Expected volatilities were based on weighted averages of the selected peer group of thirteen companies as the Company has limited trading history and were estimated over the expected term of the Warrants. The risk-free rate was based on the U.S. Treasury yield curve at the date of issuance for the period of the expected term.
	Accordingly, the fair value of the proceeds attributable to Warrants of $309,892 and the debt beneficial conversion feature of $309,891 totaling $619,783, was recorded as an increase in additional paid-in capital and as a corresponding discount to the convertible notes payable. Of the total debt discount of $619,783, $291,920 was recorded to additional paid-in capital and debt discount during 2013, respectively. The discount was amortized over the term of the convertible notes payable using the interest method.
	In connection with the Company’s private placement of common stock and the corresponding conversion and retirement of the Notes, all remaining discount was recognized as an expense as of September 27, 2013. Amortization of the discount amounted to $563,253 and is included as a separate expense on the Consolidated Statements of Operations for the year ended December 31, 2013.
	Additionally in connection with the Company’s private placement, the number of Warrants issued and outstanding to the note holders was set at 263,588 shares at an exercise price of $4.00 per share.  The warrants will expire on September 27, 2018, if not exercised prior to that date.
	A summary of the assumptions used to value the warrants and the beneficial conversion feature are as follows:
		2013
	Risk -free interest rate		1.4	%
	Expected stock volatility		47	%
	Time to expiration (years)		5
	Fair value of common stock	$	4
	Expected dividends	$	0

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Dec. 31, 2014
Equity [Abstract]
Stockholders Equity Note Disclosure [Text Block]	NOTE 7. STOCKHOLDERS’ EQUITY
	On September 27, 2013, the Company entered into a stock purchase agreement with King APEX Group II, Ltd. and King APEX Group III, Ltd., which are funds managed by Allied Fortune (“HK”) Management Limited, a Hong Kong based funds management company, in connection with a private placement of up to 6,250,000 shares of its common stock at a price of $4.00 per share, for aggregate gross proceeds of up to $25 million. Under the terms of this agreement, a total of 3,750,000 shares at a gross price of $15,000,000 were purchased through December 31, 2013. Cash proceeds after offering expenses of $460,918 totaled $14,539,082, plus an additional non-cash expense of $50,000 representing additional deferred costs relating to the private placement resulting in net proceeds of $14,489,082.
	In connection with the private placement of the Company’s common stock pursuant to the stock purchase agreement mentioned above, the Company also entered into a convertible promissory note conversion agreement on September 27, 2013 with certain holders of its outstanding 10% convertible promissory notes. Pursuant to the note conversion agreement, the Company agreed to issue shares of its common stock to those holders of the notes desiring to convert their convertible notes at the conversion price of $4.00 per share for the cancellation of the outstanding principal amounts under those notes. Certain holders elected to receive, and the Company agreed to make, cash payments on the outstanding principal amounts on their notes in lieu of shares of common stock. In addition, the Company agreed to make cash payments on all the accrued interest due under the notes. As a result of the above, the Company issued 225,546 shares and closed on the conversion of $902,176 of aggregate principal of the Company’s outstanding notes. The remaining $152,176 of outstanding principal and all of the accrued interest under the notes of $82,071 have been repaid in full.
	Additionally in connection with the Company’s private placement, the number of Warrants issued and outstanding to the note holders was set at 263,588 shares at an exercise price of $4.00 per share.  The warrants will expire on September 27, 2018, if not exercised prior to that date.
	On April 4, 2014, in a separate follow-on private placement to the September 27, 2013 private placement, the Company issued an additional 675,000 shares of its common stock for a purchase price of $4.00 per share for gross proceeds of $2,700,000. On May 16, 2014, the Company completed the final tranche of this follow-on private placement with the same accredited investor upon the receipt of additional gross proceeds of $5,900,000 and issued an additional 1,475,000 shares of its common stock for a purchase price of $4.00 per share. Offering costs related to this follow-on private placement totaled $227,729 resulting in combined net proceeds of $8,372,271.
	On November 5, 2014, the Company effected a 1-for-20 reverse stock split of issued common stock. In conjunction with the reverse stock split, the Board of Directors approved a change in the number of authorized common shares from 600,000,000 to 100,000,000, which change was effected immediately after the effectiveness of the reverse stock split. Additionally, the par value of the shares was modified from $.02 to $.001 per share so that the par value per share of the common stock before the reverse stock split and after the reverse stock split remained at $.001 per share. References in these consolidated financial statements and notes have been adjusted to retroactively account for the effects of the reverse split.

STOCK_COMPENSATION

STOCK COMPENSATION	12 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	NOTE 8. STOCK COMPENSATION
	On April 4, 2014, the Board of Directors authorized the issuance of, and the Company issued, an aggregate of 48,750 shares of the Company’s common stock under the 2012 Plan to the members of the Board of Directors as compensation for their past services. These shares were issued to compensate the members for past services and valued at $4.00 per share, based on the grant date fair value, for a total expense of $195,000 which has been included in the Company’s Consolidated Statement of Operations for the year ended December 31, 2014. Due to the Company’s low trading volume, the grant date fair value was determined based on similar issuances of stock in the Company’s private placements.
	On October 16, 2014, the Board of Directors authorized the issuance of, and the Company issued, an aggregate of 425,000 shares of the Company’s common stock under the 2012 Plan to certain officers and consultants of the Company. The shares issued are subject to restrictions and future vesting conditions based on the Company reaching certain future milestones. None of the shares were vested as of the issuance date. Compensation expense will be recognized in the applicable future periods should the applicable milestones be achieved in accordance with the vesting schedule. At the time of filing there is no assurance that these milestones will in fact be achieved and that the shares will in fact vest in the future.

INCOME_TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 9. INCOME TAXES
	Realization of deferred tax assets is dependent upon sufficient future taxable income during the period that deductible temporary differences and expected carry-forwards are available to reduce taxable income. The Company records a valuation allowance when, in the opinion of management, it is more likely than not, that the Company will not realize some or all deferred tax assets. As the achievement of required future taxable income is uncertain, the Company recorded a valuation allowance equal to the deferred tax asset at December 31, 2014 and 2013. At December 31, 2014, and December 31, 2013 the Company had federal and state net operating loss carry-forwards of approximately $1,380,000 and $650,000 respectively. The federal and state tax loss carry-forwards will begin to expire in 2032, unless previously utilized.
	Pursuant to Internal Revenue Code Section 382, use of the Company’s net operating loss carry-forwards may be limited if a cumulative change in ownership of more than 50% occurs within a three year period. Management believes that such an ownership change had occurred but has not performed a study of the limitations on the net operating losses.
	The Company plans to elect REIT status effective for the year ending December 31, 2015, when it meets all requirements allowing it to do so. At that time, the Company would generally not be subject to income taxes assuming it complied with the specific distribution rules applicable to REITs. The Company has also incurred current and prior year net operating losses, thus is not expecting to incur current income tax expenses, and due to its expectations of electing REIT status commencing in 2015, is not expected to realize any future tax benefits from the current years, or prior years’ operating losses.
	Significant components of the Company’s deferred tax assets are as follows:
		2014		2013
	Deferred tax assets:
	Start-up and acquisition costs	$	400,000	$	180,000
	Net operating losses		640,000		256,000
			1,040,000		436,000
	Deferred tax liabilities:
	Depreciation and amortization		-		-14,000
	Total		1,040,000		422,000
	Valuation allowance		-1,040,000		-422,000
	Net deferred tax assets	$	-	$	-
	Expected income tax (benefit) by applying the statutory income tax rate to net loss differs from the actual tax provision as follows:
		2014		2013
	Tax computed at the federal statutory rate	$	-450,000	$	-364,000
	State taxes		-80,000		-62,000
	Permanent differences		-		225,000
	Other		-		9,000
	Valuation allowance		530,000		192,000
	Total provision	$	-	$	-

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2014
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 10. RELATED PARTY TRANSACTIONS
	The Company sub-leases office space on a month-to-month basis from Reven Capital, LLC which is wholly-owned by Chad M. Carpenter, a shareholder of the Company and the Company’s Chief Executive Officer. Rental payments totaled $34,555 and $31,500 for the years ended December 31, 2014 and 2013 respectively. The Company reimbursed Reven Capital, LLC for Company expenses paid and previously advanced by Reven Capital, LLC. The advances were due on demand, unsecured and non-interest bearing. During the year ended December 31, 2013, the Company incurred an additional $148,438 of expenses that were paid by Reven Capital, LLC. All of these advances were paid off in full during the year ended December 31, 2013, for total payments of $415,315.

RENTAL_INCOME

RENTAL INCOME	12 Months Ended
	Dec. 31, 2014
Lease Income [Abstract]
Lease Income [Text Block]	NOTE 11. RENTAL INCOME
	The Company generally rents properties under non-cancelable lease agreements with a term of one year. Future minimum rental revenues under existing leases on properties as of December 31, 2014 are expected to be as follows:
	2015	$	1,390,558
	2016		608,271
	2017		31,063
		$	2,029,892

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 12. COMMITMENTS AND CONTINGENCIES
	Legal and Regulatory
	The Company is subject to potential liability under laws and government regulations and various claims and legal actions arising in the ordinary course of the Company’s business. Liabilities are established for legal claims when payments associated with the claims become probable and the costs can be reasonably estimated. The actual costs of resolving legal claims may be substantially higher or lower than the amounts established for those claims. Based on information currently available, management is not aware of any legal or regulatory claims that would have a material effect on the Company’s consolidated financial statements and, therefore, no accrual has been recorded as of the years ended December 31, 2014 and 2013.
	Security Deposits
	As of December 31, 2014 and 2013, the Company had $306,004 and  $156,985 ,respectively, in resident security deposits. Security deposits are refundable, net of any outstanding
	charges and fees, upon expiration of the underlying lease.
	Escrow deposits
	Escrow deposits include earnest deposits for the purchase of properties. As of December 31, 2014, the Company had offers accepted to purchase residential properties for an aggregate amount of $8,700,000 and had corresponding refundable earnest deposits for these purchases of $87,000. However, not all of these properties are certain to be acquired because properties may fall out of escrow through the closing process for various
	reasons and these purchases are contingent on the Company’s ability to acquire the debt or equity financing required to fund the acquisition.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2014
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 13. SUBSEQUENT EVENTS
	Note Payable
	On March 13, 2015, Reven Housing Florida, LLC, a wholly owned subsidiary of the Company, received loan proceeds and issued a promissory note in the principal amount of $3,526,985 to Silvergate Bank, secured by deeds of trust encumbering the Company’s homes located in Florida. The entire balance of principal and accrued interest is due and payable on April 5, 2020. The note provides for monthly interest only payments at a rate of 1.00% over the prime rate (current interest rate is 4.25% per annum) until April 5, 2017. Thereafter, monthly payments of interest and principal, based on a 25 year amortization rate will be made until maturity. The note has a prepayment penalty of 3% calculated on principal amounts prepaid prior to April 5, 2017. There is no prepayment penalty on amounts paid after that date.
	Recent Real Estate Investment Acquisition
	On March 13, 2015, a wholly owned subsidiary of the Company purchased a portfolio of 50 single family homes, located in the Jacksonville, Florida metropolitan area for $3,326,853.  This purchase was part of an original purchase and sale agreement for 62 homes for a total purchase price of $4,150,134. The remaining homes may be purchased in the future subject to the Company’s completion of a satisfactory due diligence process regarding the single family homes.
	Purchase and Sale Agreement
	On February 27, 2015, a wholly owned subsidiary of the Company entered into a purchase and sale agreement to purchase a portfolio of 140 single family homes, located in the Jacksonville, Florida metropolitan area for $9,417,682. However, it is not yet known if any of these properties are certain to be acquired because properties may fall out of escrow through the closing process for various reasons and these purchases are contingent on the Company’s ability to acquire the debt or equity financing required to fund the acquisition.

BASIS_OF_PRESENTATION_AND_SIGN1

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation
	The accompanying consolidated financial statements are presented in conformity with accounting principles generally accepted in the United States of America (“GAAP”), as contained within the Financial Accounting Standards Board (“FASB”) Accounting Standard Codification (“ASC”), and the rules and regulations of the Securities Exchange Commission (“SEC”).
Consolidation, Policy [Policy Text Block]	Principles of Consolidation
	The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, Reven Housing Georgia, LLC, Reven Housing Texas, LLC, Reven Housing Florida, LLC, Reven Housing Florida 2, LLC, and Reven Housing Tennessee, LLC. All significant inter-company accounts and transactions have been eliminated in consolidation.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates
	The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the balance sheet dates and reported amounts of revenues and expenses for the periods presented. Accordingly, actual results could differ from those estimates.
Fair Value of Financial Instruments, Policy [Policy Text Block]	Financial Instruments
	The carrying value of the Company’s financial instruments, as reported in the accompanying consolidated balance sheets, approximates fair value due to their short term nature. The Company’s financial instruments consist of cash, rents and other receivables, tax and insurance reserves, escrow deposits, accounts payable and accrued liabilities, and security deposits.
Reclassification, Policy [Policy Text Block]	Reclassifications
	Certain amounts for 2013 have been reclassified to conform to the current year’s presentation.
Property Acquisitions [Policy Text Block]	Investments in Real Estate
	The Company accounts for its investments in real estate as business combinations under the guidance of ASC Topic 805, Business Combinations (“ASC 805”) and these acquisitions are recorded at fair value, allocated to land, building and the existing lease based upon their fair values at the date of acquisition, with acquisition costs expensed as incurred. In making estimates of fair values for purposes of allocating purchase price, the Company utilizes its own market knowledge and published market data. The estimated fair value of acquired in-place leases represents the expected costs the Company would have incurred to lease the property at the date of acquisition. Each portfolio of acquired property is recorded as a separate business combination.
	Land, buildings and improvements are recorded at cost. Buildings and improvements are depreciated over estimated useful lives of approximately 27.5 years using the straight-line method. Lease origination costs are amortized over the average remaining term of the in-place leases which is generally less than one year. Maintenance and repair costs are charged to expenses as incurred.
	The Company assesses the impairment of investments in real estate, whenever events or changes in business circumstances indicate that carrying amounts of the assets may not be fully recoverable. When such events occur, management determines whether there has been impairment by comparing the asset’s carrying value with its fair value. Should impairment exist, the asset is written down to its estimated fair value. The Company has not recognized any impairment losses for the years ended December 31, 2014 and 2013.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash
	The Company maintains its cash, cash equivalents and escrow deposits at financial institutions. The combined account balances at one or more institutions typically exceed the Federal Depository Insurance Corporation ("FDIC") insurance coverage, and, as a result, there is a concentration of credit risk related to amounts on deposit in excess of FDIC insurance coverage. The Company believes that the risk is not significant, as the Company does not anticipate the financial institutions’ non-performance. As of December 31, 2014 and 2013, the Company did not have any cash equivalents.
Advances to Property Manager [Policy Text Block]	Rents and Other Receivables
	Rents and other receivables represent the amount of rent receivables, security deposits and net rental funds which are held by the property managers on behalf of the Company, net of any allowance for amounts deemed uncollectible. The Company has not recognized any allowance for doubtful accounts as of December 31, 2014 and 2013.
Tax, Insurance reserves and holdback funds [Policy Text Block]	Property Tax and Insurance Reserves
	Tax and insurance reserves represent amounts held in accordance with the terms of the Company’s notes payable for property taxes and insurance.
Escrow Deposits And Prepaid Expenses, Policy [Policy Text Block]	Escrow Deposits and Prepaid Expenses
	Escrow deposits include refundable and non-refundable cash and earnest money on deposit with third parties for property purchases.
Deferred Loan Fees, Policy [Policy Text Block]	Deferred Loan Fees
	Costs incurred in the placement of the Company’s debt are deferred and amortized using the effective interest method over the term of the loans as a component of interest expense on the consolidated statements of operations. Deferred loan closing costs and fees totaled $362,596 as of December 31, 2014 and amortization expense for these loan fees was $29,052 for the year ended December 31, 2014. No loan fees or related amortization were incurred during the year ended December 31, 2013.
Deferred Stock Issuance Costs [Policy Text Block]	Deferred Stock Issuance Costs
	Deferred stock issuance costs represent amounts paid for legal, consulting, and other offering expenses in conjunction with the future raising of additional capital to be performed within one year. These costs are netted against additional paid-in capital as a cost of the stock issuance upon closing of the respective stock placement. During the year ended December 31, 2014, $227,729 of deferred stock issuance costs were netted against additional paid-in capital as a cost of stock issued. During the year ended December 31, 2013, $510,918 of deferred stock issuance costs were netted against additional paid-in capital as a cost of stock issued.
Security Deposits [Policy Text Block]	Security Deposits
	Security deposits represent amounts deposited by tenants at the inception of the lease.
Warrant Issuance and Note Conversion Feature [Policy Text Block]	Warrant Issuance and Note Conversion Feature
	The Company accounts for the proceeds from the issuance of convertible notes payable with detachable stock purchase warrants and embedded conversion features in accordance with FASB ASC 470-20, Debt with Conversion and Other Options. Under FASB ASC 470-20, the proceeds from the issuance of a debt instrument with detachable stock purchase warrants is allocated to the two elements based on the relative fair values of the debt instrument without the warrants and of the warrants themselves at the time of issuance. The portion of the proceeds allocated to the warrants is accounted for as additional paid-in capital and the remaining proceeds are allocated to the debt instrument which resulted in a discount to debt which is amortized and charged as interest expense over the term of the note agreement. Additionally, pursuant to FASB ASC 470-20, the intrinsic value of the embedded conversion feature of the convertible notes payable is included in the discount to debt and amortized and charged to interest expense over the life of the note agreement.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition
	Property is leased under short term rental agreements of generally one year and revenue is recognized over the lease term on a straight-line basis.
Income Tax, Policy [Policy Text Block]	Income Taxes
	The tax benefit of uncertain tax positions is recognized only if it is “more likely than not” that the tax position will be sustained, based solely on its technical merits, with the taxing authority having full knowledge of relevant information. The measurement of a tax benefit for an uncertain tax position that meets the “more likely than not” threshold is based on a cumulative probability model under which the largest amount of tax benefit recognized is the amount with a greater than 50% likelihood of being realized upon ultimate settlement with the taxing authority, having full knowledge of all the relevant information. As of December 31, 2014 and 2013, the Company had no unrecognized tax benefits.
	The Company intends to elect to be taxed as a real estate investment trust (“REIT”), as defined in the Internal Revenue Code, commencing with the taxable year ended December 31, 2015. Management believes that the Company will be able to satisfy the requirements for qualification as a REIT. Accordingly, the Company does not expect to be subject to federal income tax, provided that it qualifies as a REIT and distributions to the stockholders equal or exceed REIT taxable income.
	However, qualification and taxation as a REIT depends upon the Company’s ability to meet the various qualification tests imposed under the Internal Revenue Code related to the percentage of income that are earned from specified sources, the percentage of assets that fall within specified categories, the diversity of capital stock ownership, and the percentage of earnings that are distributed. Accordingly, no assurance can be given that the Company will be organized or be able to operate in a manner so as to qualify or remain qualified as a REIT. If the Company fails to qualify as a REIT in any taxable year, it will be subject to federal and state income tax (including any applicable alternative minimum tax) on its taxable income at regular corporate tax rates, and the Company may be ineligible to qualify as a REIT for four subsequent tax years. Even if the Company qualifies as a REIT, it may be subject to certain state or local income taxes.
Share-Based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Incentive Compensation Plan
	During 2012, the Company established the 2012 Incentive Compensation Plan, which was subsequently amended and restated in December 2013 (“2012 Plan”). The 2012 Plan allows for the grant of options and other awards representing up to 1,650,000 shares of the Company’s common stock. Such awards may be granted to officers, directors, employees, consultants and other persons who provide services to the Company or any related entity. Under the 2012 Plan, options may be granted at an exercise price greater than or equal to the market value at the date of the grant, for owners of 10% or more of the voting shares, at an exercise price of not less than 110% of the market value. Awards are exercisable over a period of time as determined by a committee designated by the Board of Directors, but in no event longer than ten years.
	On April 4, 2014, the Board of Directors authorized the issuance of, and the Company issued, an aggregate of 48,750 shares of the Company’s common stock under the 2012 Plan to the members of the Board of Directors as compensation for their services.
	On October 16, 2014, the Board of Directors authorized the issuance of, and the Company issued, an aggregate of 425,000 shares of the Company’s common stock under the 2012 Plan to certain officers and consultants of the Company. The shares issued are subject to restrictions and future vesting conditions based on the Company reaching certain future milestones. None of the shares were vested as of the issuance date.
Earnings Per Share, Policy [Policy Text Block]	Net Loss Per Share
	Net loss per share is computed by dividing the net loss by the weighted average number of shares of common stock outstanding. Warrants, stock options, and common stock issuable upon the conversion of the Company's preferred stock (if any), are not included in the computation if the effect would be anti-dilutive and would increase the earnings or decrease loss per share. For the year ended December 31, 2014, and 2013, potentially dilutive securities excluded from the calculations were 263,588 shares issuable upon exercise of outstanding warrants granted in conjunction with the convertible notes.
	On November 5, 2014, the Company effected a 1-for-20 reverse stock split of the issued common stock. Each stockholder’s percentage ownership and proportional voting power generally remained unchanged as a result of the reverse stock split. All applicable share data, per share amounts and related information in the consolidated financial statements and noted thereto have been adjusted retroactively to give effect to the 1-for-20 reverse stock split.
New Accounting Pronouncements, Policy [Policy Text Block]	New Accounting Pronouncements
	In May 2014, the FASB issued Accounting Standards Update, or ASU, No. 2014-09 Revenue from Contracts with Customers, or ASU No. 2014-09, which will supersede nearly all existing revenue recognition guidance under GAAP. ASU No. 2014-09 provides that an entity recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This update also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments, and assets recognized from costs incurred to obtain or fulfill a contract. ASU No. 2014-09 allows for either full retrospective or modified retrospective adoption and will become effective for the Company in the fourth quarter of 2016.
	In April 2014, the FASB issued Accounting Standards Update, or ASU, No. 2014-08, which amends the definition of a discontinued operation in Codification Topic Presentation of Financial Statements (“ASC 205”) to change the criteria for reporting discontinued operations and enhance disclosure requirements. Under ASU No. 2014-08, only disposals representing a strategic shift that has (or will have) a major effect on an entity’s operations and financial results should be presented as discontinued operations. ASU No. 2014-08 is effective for interim or annual periods beginning on or after December 14, 2014, with early adoption permitted. The Company is currently assessing the impact, if any, the guidance will have upon adoption.
	The Company has adopted all recently issued accounting pronouncements. The adoption of the accounting pronouncements, including those not yet effective, is not anticipated to have a material effect on the financial position or results of operations of the Company.

ORGANIZATION_AND_OPERATION_Tab

ORGANIZATION AND OPERATION (Tables)	12 Months Ended
	Dec. 31, 2014
Organization And Operation [Abstract]
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]	These errors require the Company to restate previously reported financial results. The effects of these prior period errors in the consolidated financial statements are as follows:
		December 31, 2013
		As		As previously
		Restated		Reported		Adjustment
	Consolidated Balance Sheet
	Buildings and improvements	$	9,685,361	$	10,064,626	$	-379,265
	Accumulated depreciation	$	-73,950	$	-76,200	$	2,250
	Investment in real estate, net	$	12,125,420	$	12,502,435	$	-377,015
	Lease origination costs	$	75,038	$	-	$	75,038
	Total Assets	$	14,531,149	$	14,833,126	$	-301,977
	Accumulated deficit	$	-2,014,056	$	-1,712,079	$	-301,977
	Total Stockholders' Equity	$	14,026,985	$	14,328,962	$	-301,977
	Total Liabilities and Stockholders' Equity	$	14,531,149	$	14,833,126	$	-301,977
	Consolidated Statement of Operations
	Real estate acquisition costs	$	279,965	$	-	$	279,965
	Depreciation and amortization	$	96,812	$	74,800	$	22,012
	Total operating expenses	$	1,714,940	$	1,412,963	$	301,977
	Net loss	$	-1,372,697	$	-1,070,720	$	-301,977
	Net loss per share	$	-1.03	$	-0.8	$	-0.23
	Consolidated Statement of Cash Flows
	Net loss	$	-1,372,697	$	-1,070,720	$	-301,977
	Depreciation and amortization	$	96,812	$	74,800	$	22,012
	Net cash used in operating activities	$	-767,899	$	-336,806	$	-431,093
	Acquisitions of investments in real estate	$	-11,855,960	$	-12,235,225	$	379,265
	Lease origination costs	$	-99,300	$	-	$	-99,300
	Net cash used in investing activities	$	-11,955,260	$	-12,386,353	$	431,093

INVESTMENTS_IN_REAL_ESTATE_Tab

INVESTMENTS IN REAL ESTATE (Tables)	12 Months Ended
	Dec. 31, 2014
Real Estate Investment Property, Net [Abstract]
Schedule of Real Estate Properties [Table Text Block]	The following table summarizes the Company’s investments in real estate:
								Total				Investments
		Number				Buildings and		Investments		Accumulated		in Real Estate
		of Homes		Land		Improvements		in Real Estate		Depreciation		Net
	Total at December 31, 2012		5	$	67,019	$	276,391	$	343,410	$	-1,400	$	342,010
	Purchases and improvements during 2013:
	Houston, TX		150		2,394,359		9,198,173		11,592,532		-55,750		11,536,782
	Atlanta, GA		4		52,631		210,797		263,428		-16,800		246,628
	Total at December 31, 2013 (Restated)		159	$	2,514,009	$	9,685,361	$	12,199,370	$	-73,950	$	12,125,420
	Purchases and improvements during 2014:
	Houston, TX		18		319,500		1,236,765		1,556,265		-375,533		1,180,732
	Jacksonville, FL		123		1,506,938		6,865,952		8,372,890		-50,239		8,322,651
	Memphis, TN		95		1,082,200		6,160,183		7,242,383		-74,474		7,167,909
	Atlanta, GA improvements		-		-		13,347		13,347		-17,918		-4,571
	Total at December 31, 2014		395	$	5,422,647	$	23,961,608	$	29,384,255	$	-592,114	$	28,792,141

ACCOUNTS_PAYABLE_AND_ACCRUED_L1

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2014
Accounts Payable and Accrued Liabilities [Abstract]
Schedule of Accrued Liabilities [Table Text Block]	At December 31, 2014 and 2013, accounts payable and accrued liabilities consisted of the following:
		2014		2013
	Accounts payable	$	12,673	$	89,666
	Property taxes payable		292,290		196,141
	Accrued legal, board fees and other expenses		372,389		61,372
	Interest payable		40,810		-
		$	718,162	$	347,179

NOTES_PAYABLE_Tables

NOTES PAYABLE (Tables)	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments [Table Text Block]	A schedule of future minimum principal payments under the terms of the loans for the following years is as follows:
	2015	$	-
	2016		106,635
	2017		306,665
	2018		319,955
	2019		10,788,885
		$	11,522,140

CONVERTIBLE_NOTES_PAYABLE_Tabl

CONVERTIBLE NOTES PAYABLE (Tables)	12 Months Ended
	Dec. 31, 2014
Convertible Notes Payable [Abstract]
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	A summary of the assumptions used to value the warrants and the beneficial conversion feature are as follows:
		2013
	Risk -free interest rate		1.4	%
	Expected stock volatility		47	%
	Time to expiration (years)		5
	Fair value of common stock	$	4
	Expected dividends	$	0

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	Significant components of the Company’s deferred tax assets are as follows:
		2014		2013
	Deferred tax assets:
	Start-up and acquisition costs	$	400,000	$	180,000
	Net operating losses		640,000		256,000
			1,040,000		436,000
	Deferred tax liabilities:
	Depreciation and amortization		-		-14,000
	Total		1,040,000		422,000
	Valuation allowance		-1,040,000		-422,000
	Net deferred tax assets	$	-	$	-
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Expected income tax (benefit) by applying the statutory income tax rate to net loss differs from the actual tax provision as follows:
		2014		2013
	Tax computed at the federal statutory rate	$	-450,000	$	-364,000
	State taxes		-80,000		-62,000
	Permanent differences		-		225,000
	Other		-		9,000
	Valuation allowance		530,000		192,000
	Total provision	$	-	$	-

RENTAL_INCOME_Tables

RENTAL INCOME (Tables)	12 Months Ended
	Dec. 31, 2014
Lease Income [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	The Company generally rents properties under non-cancelable lease agreements with a term of one year. Future minimum rental revenues under existing leases on properties as of December 31, 2014 are expected to be as follows:
	2015	$	1,390,558
	2016		608,271
	2017		31,063
		$	2,029,892

ORGANIZATION_AND_OPERATION_Det

ORGANIZATION AND OPERATION (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Consolidated Balance Sheet
Buildings and improvements	$23,961,608	$9,685,361	$276,391
Accumulated depreciation	-592,114	-73,950	-1,400
Investment in real estate, net	28,792,141	12,125,420	342,010
Lease origination costs	168,145	75,038
Total Assets	33,811,133	14,531,149
Accumulated deficit	-3,343,485	-2,014,056
Total Stockholders' Equity	21,264,827	14,026,985	-283,496
Total Liabilities and Stockholders' Equity	33,811,133	14,531,149
Consolidated Statement of Operations
Real estate acquisition costs	454,554	279,965
Depreciation and amortization	613,572	96,812
Total operating expenses	3,949,557	1,714,940
Net loss	-1,329,429	-1,372,697
Net loss per share	($0.22)	($1.03)
Consolidated Statement of Cash Flows
Net loss	-1,329,429	-1,372,697
Depreciation and amortization	613,572	96,812
Net cash used in operating activities	-740,860	-767,899
Acquisitions of investments in real estate	-17,184,885	-11,855,960
Lease origination costs	-188,515	-99,300
Net cash used in investing activities	-17,373,400	-11,955,260
Scenario, Previously Reported [Member]
Consolidated Balance Sheet
Buildings and improvements		10,064,626
Accumulated depreciation		-76,200
Investment in real estate, net		12,502,435
Lease origination costs		0
Total Assets		14,833,126
Accumulated deficit		-1,712,079
Total Stockholders' Equity		14,328,962
Total Liabilities and Stockholders' Equity		14,833,126
Consolidated Statement of Operations
Real estate acquisition costs		0
Depreciation and amortization		74,800
Total operating expenses		1,412,963
Net loss		-1,070,720
Net loss per share		($0.80)
Consolidated Statement of Cash Flows
Net loss		-1,070,720
Depreciation and amortization		74,800
Net cash used in operating activities		-336,806
Acquisitions of investments in real estate		-12,235,225
Lease origination costs		0
Net cash used in investing activities		-12,386,353
Adjustment [Member]
Consolidated Balance Sheet
Buildings and improvements		-379,265
Accumulated depreciation		2,250
Investment in real estate, net		-377,015
Lease origination costs		75,038
Total Assets		-301,977
Accumulated deficit		-301,977
Total Stockholders' Equity		-301,977
Total Liabilities and Stockholders' Equity		-301,977
Consolidated Statement of Operations
Real estate acquisition costs		279,965
Depreciation and amortization		22,012
Total operating expenses		301,977
Net loss		-301,977
Net loss per share		($0.23)
Consolidated Statement of Cash Flows
Net loss		-301,977
Depreciation and amortization		22,012
Net cash used in operating activities		-431,093
Acquisitions of investments in real estate		379,265
Lease origination costs		-99,300
Net cash used in investing activities		$431,093

ORGANIZATION_AND_OPERATION_Det1

ORGANIZATION AND OPERATION (Details Textual)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
	Number	Number	Number
Number of Real Estate Properties	395	159	5
Wholly Owned Properties [Member]
Number of Real Estate Properties	395

BASIS_OF_PRESENTATION_AND_SIGN2

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Details Textual) (USD $)	0 Months Ended	1 Months Ended	12 Months Ended		0 Months Ended
	Nov. 05, 2014	Nov. 05, 2014	Dec. 31, 2014	Dec. 31, 2013	Oct. 16, 2014	Apr. 04, 2014
Accounting Policies [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized			1,650,000
Share-based Compensation Arrangement by Share-based Payment Award, Description			Under the 2012 Plan, options may be granted at an exercise price greater than or equal to the market value at the date of the grant, for owners of 10% or more of the voting shares, at an exercise price of not less than 110% of the market value
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount			263,588	263,588
Deferred Finance Costs, Current, Gross			$362,596
Accumulated Amortization of Current Deferred Finance Costs			29,052
Stockholders' Equity, Reverse Stock Split	Company effected a 1-for-20 reverse stock split of the issued common stock. Each stockholders percentage ownership and proportional voting power generally remained unchanged as a result of the reverse stock split. All applicable share data, per share amounts and related information in the consolidated financial statements and noted thereto have been adjusted retroactively to give effect to the 1-for-20 reverse stock split	the Company effected a 1-for-20 reverse stock split of issued common stock. In conjunction with the reverse stock split, the Board of Directors approved a change in the number of authorized common shares from 600,000,000 to 100,000,000, which change was effected immediately after the effectiveness of the reverse stock split. Additionally, the par value of the shares was modified from $.02 to $.001 per share
Deferred Offering Costs			535,450	35,000
Common Stock [Member]
Accounting Policies [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized						48,750
Additional Paid-in Capital [Member]
Accounting Policies [Line Items]
Deferred Offering Costs			$227,729	$510,918
Land, Buildings and Improvements [Member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life			27 years 6 months
Incentive Compensation Plan 2012 [Member] | Subsequent Event [Member]
Accounting Policies [Line Items]
Stock Issued During Period, Shares, Issued for Services					425,000

INVESTMENTS_IN_REAL_ESTATE_Det

INVESTMENTS IN REAL ESTATE (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
	Number	Number	Number
Real Estate Properties [Line Items]
Number of Homes	395	159	5
Land	$5,422,647	$2,514,009	$67,019
Building and Improvements	23,961,608	9,685,361	276,391
Total Investments in Real Estate	29,384,255	12,199,370	343,410
Accumulated Depreciation	-592,114	-73,950	-1,400
Investments in Real Estate Net	28,792,141	12,125,420	342,010
Houston, TX [Member]
Real Estate Properties [Line Items]
Number of Homes	18	150
Land	319,500	2,394,359
Building and Improvements	1,236,765	9,198,173
Total Investments in Real Estate	1,556,265	11,592,532
Accumulated Depreciation	-375,533	-55,750
Investments in Real Estate Net	1,180,732	11,536,782
Jacksonville, FL [Member]
Real Estate Properties [Line Items]
Number of Homes	123
Land	1,506,938
Building and Improvements	6,865,952
Total Investments in Real Estate	8,372,890
Accumulated Depreciation	-50,239
Investments in Real Estate Net	8,322,651
Memphis, TN [Member]
Real Estate Properties [Line Items]
Number of Homes	95
Land	1,082,200
Building and Improvements	6,160,183
Total Investments in Real Estate	7,242,383
Accumulated Depreciation	-74,474
Investments in Real Estate Net	7,167,909
Atlanta, GA [Member]
Real Estate Properties [Line Items]
Number of Homes	0	4
Land	0	52,631
Building and Improvements	13,347	210,797
Total Investments in Real Estate	13,347	263,428
Accumulated Depreciation	-17,918	-16,800
Investments in Real Estate Net	($4,571)	$246,628

ACCOUNTS_PAYABLE_AND_ACCRUED_L2

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Accounts Payable And Accrued Expenses [Line Items]
Accounts payable	$12,673	$89,666
Property taxes payable	292,290	196,141
Accrued legal, board fees and other expenses	372,389	61,372
Interest payable	40,810	0
Accounts payable and accrued expenses	$718,162	$347,179

NOTES_PAYABLE_Details

NOTES PAYABLE (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Debt Instrument [Line Items]
2015	$0
2016	106,635
2017	306,665
2018	319,955
2019	10,788,885
Notes Payable	$11,522,140	$0

NOTES_PAYABLE_Details_Texual

NOTES PAYABLE (Details Texual) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Jun. 12, 2014	Nov. 17, 2014
Notes Payable [Line Items]
Escrow Deposit	$260,123	$0
Interest Expense, Debt	194,363	77,004
Amortization of Financing Costs	29,052	0
Reven Housing Texas, LLC [Member] | Silvergate Bank [Member]
Notes Payable [Line Items]
Debt Instrument, Annual Principal Payment			7,570,000
Debt Instrument, Maturity Date	5-Jul-19
Debt Instrument, Interest Rate Terms	The note provides for monthly interest only payments at a rate of 1.00% over the prime rate (interest rate is 4.25% per annum at December 31, 2014) until July 5, 2016.
Debt Instrument, Convertible, Remaining Discount Amortization Period	25 years
Debt Instrument Prepayment Penalty Percentage	3.00%
Debt Instrument Prepayment Maturity Date	5-Jul-16
Reven Housing Tennessee, LLC [Member] | Silvergate Bank [Member]
Notes Payable [Line Items]
Debt Instrument, Annual Principal Payment				$3,952,140
Debt Instrument, Maturity Date	5-Dec-19
Debt Instrument, Interest Rate Terms	The note provides for monthly interest only payments at a rate of 1.00% over the prime rate (interest rate is 4.25% per annum at December 31, 2014) until December 5, 2016.
Debt Instrument, Convertible, Remaining Discount Amortization Period	25 years
Debt Instrument Prepayment Penalty Percentage	3.00%
Debt Instrument Prepayment Maturity Date	5-Dec-16

CONVERTIBLE_NOTES_PAYABLE_Deta

CONVERTIBLE NOTES PAYABLE (Details) (USD $)	12 Months Ended
	Dec. 31, 2013
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Risk -free interest rate	1.40%
Expected stock volatility	47.00%
Time to expiration (years)	5 years
Fair value of common stock	$4
Expected dividends	$0

CONVERTIBLE_NOTES_PAYABLE_Deta1

CONVERTIBLE NOTES PAYABLE (Details Textual) (USD $)	12 Months Ended		1 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	16-May-14	Apr. 04, 2014	Sep. 27, 2013
Convertible Notes Payable [Line Items]
Increase In Equity Capital		$5,000,000
Warrant Coverage Percentage	100.00%
Proceeds from Issuance of Warrants	309,892
Debt Instrument, Convertible, Beneficial Conversion Feature	309,891
Warrants and Rights Outstanding	619,783
Debt Discount For Allocation Of Proceeds To Warrants And Beneficial Conversion Feature Of Debt	0	291,920
Amortization of Debt Discount (Premium)	0	563,253
Private Placement [Member]
Convertible Notes Payable [Line Items]
Stock Issued During Period, Shares, New Issues			1,475,000	675,000
Warrants To Purchase Common Stock					263,588
Purchase Of Common Stock Price Per Share					$4
Investment Warrants Expiration Date					27-Sep-18
Warrant [Member]
Convertible Notes Payable [Line Items]
Debt Discount For Allocation Of Proceeds To Warrants And Beneficial Conversion Feature Of Debt		291,920
Increase In Additional Paid In Capital	619,783
Promissory Note Conversion Agreement [Member]
Convertible Notes Payable [Line Items]
Convertible Notes Payable, Current					902,176
Stock Issued During Period, Shares, New Issues					225,546
Debt Instrument, Convertible, Conversion Price					$4
Long-term Debt, Gross					152,176
Debt Instrument, Increase, Accrued Interest					82,071
Shareholders' Equity [Member]
Convertible Notes Payable [Line Items]
Convertible Notes Payable, Current	52,176
Accredited Investors [Member]
Convertible Notes Payable [Line Items]
Debt Instrument, Annual Principal Payment	1,054,352
Debt Instrument, Interest Rate, Effective Percentage		10.00%
Convertible Notes Payable, Current	350,000
Chad M Carpenter [Member]
Convertible Notes Payable [Line Items]
Convertible Notes Payable, Current	$652,176

STOCKHOLDERS_EQUITY_Details_Te

STOCKHOLDERS' EQUITY (Details Textual) (USD $)	0 Months Ended	1 Months Ended	12 Months Ended		1 Months Ended
	Nov. 05, 2014	Nov. 05, 2014	Dec. 31, 2014	Dec. 31, 2013	Sep. 27, 2013	16-May-14	Apr. 04, 2014
STOCKHOLDERS' EQUITY [Line Items]
Share Price				$4
Common Stock, Par or Stated Value Per Share	$0.00	$0.00	$0.00	$0.00
Stockholders' Equity, Reverse Stock Split	Company effected a 1-for-20 reverse stock split of the issued common stock. Each stockholders percentage ownership and proportional voting power generally remained unchanged as a result of the reverse stock split. All applicable share data, per share amounts and related information in the consolidated financial statements and noted thereto have been adjusted retroactively to give effect to the 1-for-20 reverse stock split	the Company effected a 1-for-20 reverse stock split of issued common stock. In conjunction with the reverse stock split, the Board of Directors approved a change in the number of authorized common shares from 600,000,000 to 100,000,000, which change was effected immediately after the effectiveness of the reverse stock split. Additionally, the par value of the shares was modified from $.02 to $.001 per share
Stock Issued During Period, Value, New Issues			$8,372,271	$14,489,082
Deferred Costs Of Common Stock Issuance			0	50,000
Proceeds from Issuance of Common Stock			8,600,000	14,539,082
Payments of Stock Issuance Costs			436,558	35,000
Promissory Note Conversion Agreement [Member]
STOCKHOLDERS' EQUITY [Line Items]
Stock Issued During Period, Shares, New Issues					225,546
Common Stock Conversion Price					$4
Debt Instrument, Interest Rate, Stated Percentage					10.00%
Convertible Notes Payable					902,176
Long-term Debt, Gross					152,176
Debt Instrument, Increase, Accrued Interest					82,071
Private Placement [Member]
STOCKHOLDERS' EQUITY [Line Items]
Proceeds from Issuance of Private Placement						5,900,000	2,700,000
Stock Issued During Period, Shares, New Issues						1,475,000	675,000
Share Price					$4	$4	$4
Other Ownership Interests, Offering Costs						227,729
Net proceeds						8,372,271
Warrants To Purchase Common Stock					263,588
Investment Warrants Expiration Date					27-Sep-18
Private Placement [Member] | King APEX Group II, Ltd. and King APEX Group III, Ltd [Member]
STOCKHOLDERS' EQUITY [Line Items]
Proceeds from Issuance of Private Placement				14,539,082
Stock Issued During Period, Shares, New Issues				3,750,000	6,250,000
Share Price					$4
Stock Issued During Period, Value, New Issues				15,000,000	25,000,000
Deferred Costs Of Common Stock Issuance				50,000
Proceeds from Issuance of Common Stock				14,489,082
Payments of Stock Issuance Costs				$460,918

STOCK_COMPENSATION_Details_Tex

STOCK COMPENSATION (Details Textual) (USD $)	12 Months Ended		0 Months Ended	1 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Oct. 16, 2014	Apr. 04, 2014	Nov. 05, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation, Total	$195,000	$0
Common Stock, Par or Stated Value Per Share	$0.00	$0.00			$0.00
Incenteve Compensation Plan 2012 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Issued During Period, Shares, Issued for Services			425,000	48,750
Share-based Compensation, Total	$195,000
Common Stock, Par or Stated Value Per Share				$4

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Deferred tax assets:
Start-up and acquisition costs	$400,000	$180,000
Net operating losses	640,000	256,000
Deferred Tax Assets, Gross	1,040,000	436,000
Deferred tax liabilities:
Depreciation and amortization	0	-14,000
Total	1,040,000	422,000
Valuation allowance	-1,040,000	-422,000
Net deferred tax assets	$0	$0

INCOME_TAXES_Details_1

INCOME TAXES (Details 1) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Line Items]
Tax computed at the federal statutory rate	($450,000)	($364,000)
State taxes	-80,000	-62,000
Permanent differences	0	225,000
Other	0	9,000
Valuation allowance	530,000	192,000
Total provision	$0	$0

INCOME_TAXES_Details_Textual

INCOME TAXES (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Line Items]
Deferred Tax Assets, Operating Loss Carryforwards, Domestic	$1,380,000	$1,380,000
Federal Tax Loss Carry Forwards Expiration	expire in 2032
Deferred Tax Assets, Operating Loss Carryforwards, State and Local	$650,000	$650,000

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Related Party Transaction [Line Items]
Increase (Decrease) In Accounts Payable, Related Parties	$0	($266,877)
Notes Payable	11,522,140	0
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Operating Leases, Rent Expense	34,555	31,500
Chad M Carpenter [Member]
Related Party Transaction [Line Items]
Increase (Decrease) In Accounts Payable, Related Parties		148,438
Notes Payable		$415,315

RENTAL_INCOME_Details

RENTAL INCOME (Details) (USD $)	Dec. 31, 2014
Lease Income [Line Items]
2015	$1,390,558
2016	608,271
2017	31,063
Operating Leases, Future Minimum Payments Receivable	$2,029,892

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Secured Debt	$306,004	$156,985
Payments to Acquire Residential Real Estate	8,700,000
Earnest Money Deposits	87,000
Refundable [Member]
Secured Debt	$306,004	$156,985

SUBSEQUENT_EVENTS_Details_Text

SUBSEQUENT EVENTS (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Mar. 13, 2015	Feb. 27, 2015	Jun. 12, 2014
Subsequent Event [Line Items]
Real Estate Investment Property, Net, Total	28,792,141	$12,125,420	$342,010
Subsequent Event [Member] | Wholly Owned Properties [Member]
Subsequent Event [Line Items]
Real Estate Investment Property, Net, Total				3,326,853	9,417,682
Subsequent Event [Member] | Original Purchase And Sale Agreement [Member]
Subsequent Event [Line Items]
Real Estate Investment Property, Net, Total				4,150,134
Reven Housing Florida, LLC [Member] | Subsequent Event [Member] | Silvergate Bank [Member]
Subsequent Event [Line Items]
Debt Instrument Prepayment Penalt Percentage	3.00%
Debt Instrument, Annual Principal Payment				3,526,985
Debt Instrument, Interest Rate, Stated Percentage	1.00%
Debt Instrument, Interest Rate, Effective Percentage	4.25%
Debt Instrument, Convertible, Remaining Discount Amortization Period	25 years
Debt Instrument, Maturity Date	5-Apr-20
Reven Housing Texas, LLC [Member] | Silvergate Bank [Member]
Subsequent Event [Line Items]
Debt Instrument, Annual Principal Payment						$7,570,000
Debt Instrument, Convertible, Remaining Discount Amortization Period	25 years
Debt Instrument, Maturity Date	5-Jul-19