1. An Investment in Apartments Income. Protection. Growth.
Thank you for joining me today to learn about an income investment opportunity focused on apartments – Resource Real Estate Opportunity REIT II.
The properties shown are owned by other funds that are managed by Resource Real Estate, Inc. The properties are not owned by Resource Real Estate Opportunity REIT II. These properties are indicative of the types of properties that Resource Real Estate Opportunity REIT II intends to acquire and are presented for illustrative purposes only.

2. Presentation Purpose
Please remember that shares of Resource Real Estate Opportunity REIT II are securities, and as such, there are important facts you should consider, including the risk of loss of principal and suitability requirements. Please be sure to review the prospectus carefully before investing.

3. Risk Factors
No public market currently exists for our shares of common stock and we have no current plans to list our shares on an exchange. Also note that Resource Real Estate’s prior performance is not indicative of the Opportunity REIT II’s future results.

4. A Unique Opportunity: An Investment in Apartments
Today, an investment in apartments presents a unique opportunity. The combination of apartment fundamentals may offer an investor income, protection and growth potential.

5. Current Income: Increasing Demographic Demand
Apartment supply and demand presents an opportunity. Today, Generation Y is in its prime rental years – they are in their 20’s and 30’s. This large demographic surpasses the previous generation’s size and rental needs, which means they have created an increase in apartment demand.

6. Current Income: Limited New Supply and Aging Inventory
New supply has been significantly low for the past 20 years. The limited supply being built today consists of high-end luxury apartments and that are too expensive for many renters.
If the new apartments being built are not affordable, renters must turn to the existing inventory, which was predominantly built in the 70’s and 80’s. Today, these apartments may be over 25 or 40 years old and need to be renovated.

7. Current Income: Apartment Supply and Demand Imbalance
The apartment supply and demand imbalance presents a clear need for affordable, updated apartments. Because supply cannot meet the high demand, these sought after apartments have the potential to offer long-term rental growth.

8. Current Income: Income With An Inflation Hedge
The income generated from apartments also presents investors with an added benefit, a hedge against inflation. Apartments have short-term leases and they adjust and renew annually. Because of this, apartments can benefit from rising rates as their leases are able to capture market rent inflation.

9. Capital Preservation: Protection Through Unmet Demand
Apartments are a need-based product that will fill a need for many Americans.
The country’s median income is just over $51,000. If 30% of that income is used for housing, it would leave $15,305 for the year. This equates to approximately $1,275 per month for housing costs. New Class A apartment rents average over $1,700 per month, and they are too expensive.
And as the picture of today’s American family changes, the need for large single family homes is decreasing.

10. Capital Preservation: An Underserved Rental Class
Consider the rental options for today’s workforce and families who prefer to rent. Renters need updated, clean and affordable apartments.
Today’s workforce and American families are facing a housing crisis due to a lack of updated, clean and reasonably priced BUT non-subsidized options.
The four-step approach used by Resource Real Estate answers that need.

11. Capital Appreciation: Step 1: Buy It
Step 1: buy it. Resource Real Estate Opportunity REIT II buys undervalued apartment properties.
The properties shown are owned by other funds that are managed by Resource Real Estate, Inc. The properties are not owned by Resource Real Estate Opportunity REIT II. These properties are indicative of the types of properties that Resource Real Estate Opportunity REIT II intends to acquire and are presented for illustrative purposes only.

12. Capital Appreciation: Step 2: Renovate It
Step 2: renovate it. Because these apartments are old and outdated, they are not operating at their full potential.
The Opportunity REIT II adds value by renovating, upgrading and rebranding the properties.
The property shown was owned by Resource Real Estate, Inc., and it was not owned by Resource Real Estate Opportunity REIT II. This property is indicative of the type of properties that Resource Real Estate Opportunity REIT II intends to acquire and is for illustrative purposes only.

13. Capital Appreciation: Step 3: Increase Revenue
Step 3: through our value-add execution, the Opportunity REIT II seeks to increase the properties’ revenue and value.
These affordable, renovated properties take advantage of a defensive sector of real estate as well as a defensive Class within that sector.
The renovated Class B+ apartment is owned by a fund that is managed by Resource Real Estate, Inc., and is indicative of the type of property that Resource Real Estate Opportunity REIT II intends to acquire.

14. Capital Appreciation: Step 4: Sell It
And step 4: sell the properties. This chart includes all of Resource Real Estate’s property sales over the last 10 years, which includes funds sponsored by the company, including Resource Real Estate Opportunity REIT Inc.

15. A Unique Opportunity: Resource Real Estate Opportunity REIT II
As you can see, apartments present a unique opportunity.
Resource Real Estate Opportunity REIT II’s objectives are to provide income, protection and potential growth to its investors.

16. Resource Real Estate Opportunity REIT II Investment Offering Highlights
The Opportunity REIT II investment offering highlights.

17. Next Steps Talk to your financial professional to learn more about Resource Real Estate Opportunity REIT II.
To learn more about Resource Real Estate Opportunity REIT II and to determine if it may be appropriate for you, talk to your financial advisor.
The properties shown are owned by other funds that are managed by Resource Real Estate, Inc. The properties are not owned by Resource Real Estate Opportunity REIT II. These properties are indicative of the types of properties that Resource Real Estate Opportunity REIT II intends to acquire and are presented for illustrative purposes only.

18. Montclair Terrace Portland, Oregon
The Opportunity REIT II’s portfolio.

19. Spalding Crossing Atlanta, Georgia
The Opportunity REIT II’s portfolio.

20. The Fairways of Bent Tree Dallas, Texas
The Opportunity REIT II’s portfolio.

21. Mayfair Apartment Homes Homewood, Alabama
The Opportunity REIT II’s portfolio.

22. Farrington Lake Chapel Hill, North Carolina
The Opportunity REIT II’s portfolio.

23. Uptown Buckhead Atlanta, Georgia
The Opportunity REIT II’s portfolio.

24. Oak Hill Apartments Fort Worth, Texas
The Opportunity REIT II’s portfolio.

25. Bear Creek Apartments Dallas, Texas
The Opportunity REIT II’s portfolio.