The only issue, is that the place where I wanted originally to found it, I'm gonna find it hard to create an IC reason enough to convince those that need to be convinced to let it happen. I know for sure that just by making the realm I"ll piss off some very powerful people.
My other idea was to create it in BR on Dwilight. That also has its issues. Might just need to create a new character to pull that one off though, since my other one has some "likability" issues. Only problem is, do you need a certain prestige/honor to be made ruler? What about Duke? (Could a Duke then secede to become a ruler even if he doesn't have the requisite prestige).