Quote from: califor9ia on August 31, 2017, 12:26:39 AM

10% of proceeds will be spent acquiring property...any plan on where--which city, country, states/regions etc these properties will be located? What percent will then need to be spent advertising these places/rooms for rental? Aren't real estate valuations stretched right now as it is? As a coin holder, am I implicitly taking housing risk as well as the risk that the tenants don't pay?

Thanks for the question! We are using the 10% token allotment for mainly property accusation in combination with the ICO funds to begin purchasing houses for passive income program for the buyback program and as a PoC (Proof of Concept) for our full rental ecosystem. Our Ecosystem will have a wide array of services at the disposal of tenants and landlords and that's what sets us apart from other rental related ICOs we are working to solve the problem of rental management not just buying properties to provide income for our buyback program.Some of our features that are offered on are app that no other ICO has are listed below.

Instant on app Exchanges
Rental listing for landlords that accept Rent Token giving them an edge over the competition
In app and on blockchain instant messaging and a support ticket system
The app also offers pre and post walk notes for landlord and tenants to make on app for easy deposit arbitration

We will be effectively be working to eliminate the rental management industry by providing blockchain solutions at a much lower price and all with one click turn key solutions effectively undercutting a 77 Billion dollar industry. What rental management companies charge for rental management can be as much as $100 per flat per month we can offer all of the things they offer on blockchain for 80% less of the cost with our revolutionary instant ticket and support systems all provided in app.To circle back around to your question our original area of rental deployment and purchasing will be in Fayetteville, Arkansas. Fayetteville has both rental vacancy rates that are lower than the national average (4.11% vs 5.85%) and are falling 1.36% faster than the national average while rental property costs have increased by over 8.39% over the last 3 years.There are 2 main reasons we choose to focus our efforts on Fayetteville to begin with the first reason is that our partner in this endeavor Division Asset Management DivASM LLC currently already has rental properties in that area. The second reason is Fayetteville is home to the University of Arkansas which has a near 40% out of state student rate meaning huge numbers of people seek rentals every year and with our 10% rent token deposit discount we can undercut all near by rentals offered.We personally believe that in Fayetteville and the surrounding area more growth is still to come and has not been stretched by any means Northwest Arkansas ranks in the top 5 growing economies in the us on track to top 30 Billion dollars by 2021 and with growth being a strong and steady 3.9% we believe growth will be long lived.