Sounds interesting, like a Co-Op with tokenization. If done right, the sky is the limit. Are you really planning on pushing this through?
Yes I have been working on it. But looking at the complex tax laws associated with owning a property, it is pretty much a nightmare. Physical assets such as an apartment need a real world owner. The person/entity responsible for paying real estate taxes, interests etc. I have some ideas on how to execute it - but then any such token borders on SEC definition of an equity sale. Its kinda catch 22 situation.