Subsequent Events	12 Months Ended
Dec. 31, 2025
Subsequent Events [Abstract]
Subsequent Events	15. Subsequent Events The Company evaluated subsequent events through the date the consolidated financial statements were issued, to determine if any significant events occurred subsequent to the balance sheet date that would have a material impact on these consolidated financial statements and determined the following events were material: Dispositions Subsequent to December 31, 2025, the Company disposed of 145 homes in the VineBrook Portfolio for net proceeds of approximately $21.4 million. Acquisitions Subsequent to December 31, 2025, the Company acquired 82 homes in the VineBrook Portfolio for a total purchase price of $25.3 million. OSL Loan III On February 26, 2026, the OP, as borrower, entered into a secured revolving credit agreement for an aggregate amount of up to $15.0 million (the “OSL Loan III”) with OSL. The OP drew $5.0 million and $10.0 million under the OSL Loan III on February 26, 2026 and March 6, 2026, respectively. The OSL Loan III provides for a 2-year, interest-only loan at a 9.25% fixed interest rate and is guaranteed by the Company. The proceeds of the OSL Loan III are intended to be used for general corporate purposes. Common and Preferred Dividends On January 26, 2026, the Company approved a Common Stock dividend of $0.5301 per share for stockholders of record as of January 26, 2026 that was paid on January 29, 2026. On February 23, 2026, the Company approved a Series A Preferred Stock dividend of $0.40625 per share for stockholders of record as of March 25, 2026 that will be paid on April 10, 2026. On February 23, 2026, the Company approved a Series B Preferred Stock dividend of $0.59375 per share for stockholders of record as of March 25, 2026, that will be paid on April 10, 2026. Interest Rate Caps Subsequent to December 31, 2025, the Company, through the OP, paid a premium of less than $0.1 million and modified the RBC Cap, wherein the notional amount was increased to $94.9 million. Subsequent to December 31, 2025, the Company, through the OP, paid a premium of approximately $6.9 million and entered into an interest rate cap transaction with JPMorgan Chase Bank, N.A. with a notional amount of $450 million (the “JPM Cap”). The JPM Cap effectively caps one-month term SOFR at 2.00% on $450 million of floating rate debts. NAV Determination On February 11, 2026, the Pricing Committee determined that the Company’s NAV per share calculated on a fully diluted basis was $54.88 as of December 31, 2025. Common Stock and OP Units issued under the respective DRIPs will be issued a 3.0% discount to the NAV per share in effect.

Subsequent Events

12 Months Ended

Dec. 31, 2025

15. Subsequent Events

The Company evaluated subsequent events through the date the consolidated financial statements were issued, to determine if any significant events occurred subsequent to the balance sheet date that would have a material impact on these consolidated financial statements and determined the following events were material:

Dispositions

Subsequent to December 31, 2025, the Company disposed of 145 homes in the VineBrook Portfolio for net proceeds of approximately $21.4 million.

Acquisitions

Subsequent to December 31, 2025, the Company acquired 82 homes in the VineBrook Portfolio for a total purchase price of $25.3 million.

OSL Loan III

On February 26, 2026, the OP, as borrower, entered into a secured revolving credit agreement for an aggregate amount of up to $15.0 million (the “OSL Loan III”) with OSL. The OP drew $5.0 million and $10.0 million under the OSL Loan III on February 26, 2026 and March 6, 2026, respectively. The OSL Loan III provides for a 2-year, interest-only loan at a 9.25% fixed interest rate and is guaranteed by the Company. The proceeds of the OSL Loan III are intended to be used for general corporate purposes.

Common and Preferred Dividends

On January 26, 2026, the Company approved a Common Stock dividend of $0.5301 per share for stockholders of record as of January 26, 2026 that was paid on January 29, 2026.

On February 23, 2026, the Company approved a Series A Preferred Stock dividend of $0.40625 per share for stockholders of record as of March 25, 2026 that will be paid on April 10, 2026.

On February 23, 2026, the Company approved a Series B Preferred Stock dividend of $0.59375 per share for stockholders of record as of March 25, 2026, that will be paid on April 10, 2026.

Interest Rate Caps

Subsequent to December 31, 2025, the Company, through the OP, paid a premium of less than $0.1 million and modified the RBC Cap, wherein the notional amount was increased to $94.9 million.

Subsequent to December 31, 2025, the Company, through the OP, paid a premium of approximately $6.9 million and entered into an interest rate cap transaction with JPMorgan Chase Bank, N.A. with a notional amount of $450 million (the “JPM Cap”). The JPM Cap effectively caps one-month term SOFR at 2.00% on $450 million of floating rate debts.

NAV Determination

On February 11, 2026, the Pricing Committee determined that the Company’s NAV per share calculated on a fully diluted basis was $54.88 as of December 31, 2025. Common Stock and OP Units issued under the respective DRIPs will be issued a 3.0% discount to the NAV per share in effect.