NOTE 1 - NATURE OF BUSINESS AND OPERATIONS (LOSS) Resource Real Estate Opportunity REIT II, Inc. (the Company) was organized in Maryland on September 28, 2012 . The Company offered up to 100,000,000 shares of common stock in its primary initial public offering for $10 per share, with volume discounts available to investors who purchased $1.0 million or more of shares through the same participating broker-dealer. Discounts were also available for other categories of investors. The Company is also offering up to 10,000,000 shares pursuant to the Companys distribution reinvestment plan at a purchase price equal to $8.56 per share ( $9.50 per share prior to March 31, 2016 ). The Company has adopted a fiscal year ending December 31. On February 6, 2014 , the Securities and Exchange Commission (the SEC) declared effective the Company's Registration Statement on Form S-11, as amended (Commission File No. 333-184476) (the Registration Statement), relating to the offering of up to 110,000,000 shares of the Companys common stock, including shares offered pursuant to the Company's distribution reinvestment plan. The primary portion of the offering closed on February 10, 2016 . Resource Real Estate Opportunity Advisor II, LLC (the "Advisor) is a wholly owned subsidiary of Resource Real Estate, Inc. (the "Sponsor") and an indirect wholly owned subsidiary of Resource America, Inc. (RAI), a publicly traded company (NASDAQ: REXI) operating in the real estate, financial fund management and commercial finance sectors. The Advisor acts as the Company's external advisor and manages the Company's day-to-day operations and its portfolio of real estate investments and provides asset-management, marketing, investor relations and other administrative services on the Company's behalf, all subject to the supervision of the Company's Board of Directors. On October 9, 2012 , the Advisor contributed $200,000 to the Company in exchange for 20,000 shares of common stock. On December 20, 2013 , the Advisor received 50,000 shares of co