Hi all,
asset tokenization it's absolutely a great opportunity and RE it's probably one of the most interesting.
The RE acquisition/selling process has been the same during the last 80/100 years!
Blockchain and tokenization, not only provide you with the possibility to let the people pay with cryptos but give you the solution to the biggest problem affecting RE investments: liquidity.
Investors, are often reluctant to invest in REITs or simply buying properties since their money will be locked for quite some times.
Crowdfunding platform were a solution but even through them, you money will be locked till the proyect will be concluded (debt) or you have to relay on somebody you don't know and that might jeopardize your investment (equity).
One of the best achievements, by far, in creating a RE blockchain platform is that you'll allow investors to have their own exist strategy, in the moment the want, by simply exchanging their token/s onto an exchange.
By allowing this exit strategy, there would be plenty of investors willing to reconsider investing in RE if they'll be confident they will have access to their money at any given time.
Possible applications are quite ample....you can decide to setup the first Crypto REIT or just wann have a crowdfundnig platform with the added value of blockchain transactions registration, thus building a private property registry.
Regulatory risks....quite negligible if you play transparently.
If you setup a REIT, most probably you'll be mostly dealing with accredited investors so the problem is not existing.
If you wanna have your RE Crowdfunding & Blockchain Title Registry, well...just chose the right jurisdiction that would allow for less headaches and if you wanna have US investors on board, get a Reg.D authorization.
BTW, what would really make the difference with your platfrom would not be the crowdfunding plus the blockchain registry di per se, there're a lot out there already, but a series of additional features that would turn your one into a killing solution.
I'm talking about integrating your platform with IoT features, energy saving and green building certification togethere with the full history of the property/building from its groundbreaking.
You will provide an entire set of valuable information per each property on your blockchain and at the mean time, create an added value for the property itself.

UPDATE:
I do apologize with you and, moreover, with Raulduke that in his previous post expressed basically the same concept.