REVEN HOUSING REIT, INC. (NASDAQ:RVEN) Files An 8-K Financial Statements and Exhibits

Item 9.01 of Form 8-K, and should be read in conjunction with the
Initial Report.

Item 9.01 Financial Statements and Exhibits.

(a) Financial Statements of Real Estate Property
Acquired. The following financial statements are submitted
with this Current Report on Form 8-K/A and are filed herewith:

Houston 97 Homes

Report of Independent Auditors

Statements of Revenues Over Certain Operating Expenses for the
nine months ended September 30, 2016 (unaudited) and the year
ended December 31, 2015

Notes to Statements of Revenues Over Certain Operating Expenses

(b) Unaudited Pro Forma Financial Information. The
following financial information is submitted with this Current
Report on Form 8-K/A and is filed herewith:

Reven Housing REIT, Inc.

Unaudited Pro Forma Consolidated Balance Sheet as of September
30, 2016

Notes to the Unaudited Pro Forma Consolidated Balance Sheet as of
September 30, 2016

Unaudited Pro Forma Statement of Operations for the Nine Months
Ended September 30, 2016

Notes to the Unaudited Pro Forma Statement of Operations for the
Nine Months Ended September 30, 2016

Unaudited Pro Forma Statement of Operations for the Year Ended
December 31, 2015

Notes to the Unaudited Pro Forma Statement of Operations for the
year ended December 31, 2015

to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

REPORT OF INDEPENDENT AUDITORS

To the Board of Directors and Stockholders of

Reven Housing REIT, Inc.

We have audited the accompanying statement of revenues over
certain operating expenses of the Houston 97 Homes for the year
ended December 31, 2015, and the related notes to the financial
statement.

Managements Responsibility for the Financial
Statement

Management is responsible for the preparation and fair
presentation of the statement of revenues over certain operating
expenses in accordance with accounting principles generally
accepted in the United States of America; this includes the
design, implementation, and maintenance of internal control
relevant to the preparation and fair presentation of the
statement of revenues over certain operating expenses that is
free of material misstatement, whether due to fraud or error.

Auditors Responsibility

Our responsibility is to express an opinion on the statement of
revenues over certain operating expenses based on our audit. We
conducted our audit in accordance with auditing standards
generally accepted in the United States of America. Those
standards require that we plan and perform the audit to obtain
reasonable assurance about whether the statement of revenues over
certain operating expenses is free of material misstatement.

An audit involves performing procedures to obtain audit evidence
about the amounts and disclosures in the statement of revenues
over certain operating expenses. The procedures selected depend
on the auditors judgment, including the assessment of the risks
of material misstatement of the statement of revenues over
certain operating expenses, whether due to fraud or error. In
making those risk assessments, the auditor considers internal
control relevant to the entitys preparation and fair presentation
of the statement of revenues over certain operating expenses in
order to design audit procedures that are appropriate in the
circumstances, but not for the purpose of expressing an opinion
on the effectiveness of the entitys internal control.
Accordingly, we express no such opinion. An audit also includes
evaluating the appropriateness of accounting policies used and
the reasonableness of significant accounting estimates made by
management, as well as evaluating the overall presentation of the
statement of revenues over certain operating expenses.

We believe that the audit evidence we have obtained is sufficient
and appropriate to provide a basis for our audit opinion.

Opinion

In our opinion, the statement of revenues over certain operating
expenses referred to above presents fairly, in all material
respects, the revenues and certain operating expenses described
in Note 2 of the Houston 97 Homes for the year ended December 31,
2015, in accordance with accounting principles generally accepted
in the United States of America.

Other Matters

As described in Note 2, the statement of revenues over certain
operating expenses was prepared for the purpose of complying with
the rules and regulations of the Securities and Exchange
Commission (for inclusion in Form 8-K/A), and is not intended to
be a complete presentation of the revenues and expenses of
Houston 97 Homes. Our opinion is not modified with respect to
this matter.

Newport Beach, California

February 3, 2017

HOUSTON 97 HOMES

STATEMENTS OF REVENUES OVER CERTAIN OPERATING EXPENSES

See the accompanying notes to statements of revenues over
certain operating expenses.

HOUSTON 97 HOMES

NOTES TO THE STATEMENTS OF REVENUES OVER CERTAIN OPERATING
EXPENSES

For the Nine Months Ended September 30, 2016 (unaudited)

and the Year Ended December 31, 2015

On November 29, 2016, Reven Housing REIT, Inc. (the Company),
through a wholly-owned subsidiary, closed on the acquisition of
97 properties located in the Houston, Texas metropolitan area,

About REVEN HOUSING REIT, INC. (NASDAQ:RVEN)

Reven Housing REIT, Inc. is a holding company. The Company is an internally managed real estate investment trust. It is engaged in the acquisition, ownership and operation of portfolios of leased single family homes in the United States. Its objective is to generate cash flow and distribute resulting profits to its stockholders in the form of distributions, while gaining home price appreciation at the same time through the ownership of its portfolio properties. It operates its portfolio properties as single family rentals (SFRs), and generates its revenue from rental income from the existing tenants of the SFRs. As of December 31, 2015, it owned a total of 527 homes, of which 256 homes were in the Jacksonville, Florida metropolitan area; 168 homes were in the Houston, Texas metropolitan area; 94 homes were in the Memphis, Tennessee metropolitan area (with two of the Memphis homes located across the border in Mississippi), and nine homes were in the Atlanta, Georgia metropolitan area.

REVEN HOUSING REIT, INC. (NASDAQ:RVEN) Recent Trading Information

REVEN HOUSING REIT, INC. (NASDAQ:RVEN) closed its last trading session up +0.02 at 5.85 with 200 shares trading hands.