For one, private money lenders are much quicker—I've seen deals close in just a few days, which is a lifesaver for time-sensitive projects like real estate flips or urgent business needs.

I have also sold properties subject to; but with safeguards in place so we had a path of problems occurred. 

@Grace Chee The process for this is time sensitive, you should have gotten a TRIM notice around late August, early September.

It's entirely possible you have a super sensitive derriere that needs pampering.

Provide transparency so neither party feels “tricked” into a deal.Offer tools like secondary markets for token holders to sell their income rights if they wish to exit.The aim is to facilitate fair, mutually beneficial agreements—not to worsen deals for either side.This idea is designed for specific types of property owners (long-term holders who need liquidity) and investors (those seeking passive real estate income without ownership complexities).There are risks, like any financial agreement, but with proper transparency, legal safeguards, and investor education, it can work as a niche alternative to traditional real estate investing.Would love to hear your thoughts on what else might need to be clarified or improved in such a proposal. sounds like you have already convinced yourself this is the next big thing, so let us know in a few years how it goes. 

I also like that I do not have to personally handle their sensitive info (SSN/etc).

In this situation we have a former-tenant  hyper sensitive to return of full security deposit (when unit wasn’t returned in good condition) and we are  experiencing a few unique damages.

If you know your target market and believe they truly wouldn't care (or be impacted- especially if it's very price-sensitive), you're probably fine with less.

Applicants are sensitive to application fees, so I use zillow for applications because they will see 2 things.

While many of these issues are important considerations and should not be ignored or overlooked, there are other more crucial criteria that you must question and evaluate first.The critical risk criteria that you must review and evaluate prior to making your final decision on which 1031 Exchange Qualified Intermediary to retain includes, but is not limited to, the following areas:Technical capability of the 1031 Exchange Qualified IntermediaryInternal processes and audit controls to safeguard your 1031 Exchange funds and assetsUse of Qualified Trust Accounts or Qualified Escrow AccountsDecision criteria and guidelines for investment of your 1031 Exchange fundsProtection from potential errors or omissions by the Qualified Intermediary (E&O Insurance) Protection from potential theft or embezzlement of 1031 Exchange funds (Fidelity Bond) An experienced and professional 1031 Exchange Qualified Intermediary will understand these concerns and should be happy to discuss these crucial issues with you.