[spaboleo]

Dangerous.

The "investors" buying their share expect it to be a safe investment. – Spread damage one could say. But especially in the housing industry the risks are really high that you could actually have to pay on top.

Just a few examples: - Unforeseeable maintenance - Legislative changes that require major changes to your building substance - The risk that tenants mistreat the rented space (think of moisture and fungus due to wrong ventilations habits)

And the worst for you: You have to communicate and deal with the 100 of your "micro-investors". Let's say something really bad happens that requires all of them to pay on top just to avoid a major loss in the futurs...just imagine the number of them trying to get out of that. Maybe even with legal actions.

I have a strong feeling that you didn't think that through and got stoked by the potential to milk a cash cow after you did some basic calculations. :/