Been towing my 2007 Ford Ranger backwards (front facing rear - rear wheels on dolly) for many years now on my American Car Dolly. Very doable and easier to load and run than towing the car. Have towed thousands of miles with no problems. No tire wear- no front end problems.
Absolute must do though
: Extra weight must be loaded in the truck bed over the dolly to get weight over the dolly wheels and not have so much weight at rear of tow set up with engine so far back.
The set up works great as we load the motorhome spare, the dolly spare, and a few other camping pieces (chairs, grills camping toys etc) in the bed and it all works great.
I never trust the steering lock and always strap the steering wheel to keep it from moving.
This link from American Car Dolly explains how to do it properly: