., but have yet to have someone tell me what is the difference between it being tokenized and investing in say a REIT that issues shares through their transfer agent? 

They want to buy the home from me but are running into issues with debt to income ratio, so not eligible for FHA. 

Houses there twice expensive that in Detroit and I can afford them, but the risk to buy poorly fixed flipper is seems too high(I've seen couple of bad flipped houses for sale, that had some issues with permits after fixes).Cleveland seems similar to Detroit.

The list goes on and on.Some of the above is true for cash but the biggest issue is not being able to invest the cash into another investment.

There will always be listings for death, divorce and health issues.

Also, since this will be a rental property make sure you get your rental license issued right away.

As a section 8 landlord are we allowed to check the property once a month for issues?

With that level of capital you could acquire & manage the assets & tax issues without the restrictions of the REIT structure.

The potential risk of foundation movement and settling in the neighboring unit is high and they will be looking for compensation for any issues your underpinning job causes.

My main issue is that I don't have a ton of time to travel to desired markets (thinking of places like Phoenix, North Carolina, Reno/Vegas, Ohio) to look at properties, network, meet potential team members, etc.