Thank you so much for the explanation. 

For more explanation of what they are feel free to read the many threads on Bigger Pockets concerning them.

Due to the geographical factors that make Reno/Sparks fairly locked in, and the lack of multifamily zoning in Reno. 

In early 2023, retailer “Tuesday Morning” filed for Chapter 11 bankruptcy ( Link ), which was only months after REV purchased a controlling stake in the company for $35 million.The point of this explanation is the absence of any mention or connection to Marco Santarelli or Norada Capital Management.The entire business model that is said to be a material part of generating the revenue to pay the returns of up to 17% annually appears to be a complete fabrication.

Thanks Steve that was a great explanation, many thanks:)

If your credit is pulled for any reason, you will have to complete a letter of explanation and possibly provide more documents to show that no new debt was incurred.

However, this nightmare of false accusations makes me hesitant.My thoughts are: 1) Ideally, Facebook has genuine investigation resources to rectify the damage caused, and 2) I hope the Facebook group will accept your husband’s explanation.

If the wood perimeter is higher than the concrete floor (which I think it is per your explanation) you could always try to sand down the wood that is on the perimeter to try and get it flush with the concrete.

When you have a VERIFIABLE record of success within specific property types - and typically specific geographical areas, you MAY be able to attract enough passive investment to begin syndicating smaller type deals.  

Or is it that house hacking is just profitable in general, regardless of the geographic area?