If you're not getting to that, then it's more of a LIRP (life insurance retirement plan), which has long term goals.There are a lot of companies that do well with "getting the money in" then screw up the end game with the loan provisions.If you want, I have a case study for using a policy for private lending to other people. 

This is a classic and a fantastic detail of how to succeed in real estate investing (Keller).

It also provides coverage if the limits on a Boat, Motorcycle, ATV, Classic car policy is exhaused.  

Make clear plans, use no-cost tools, study areas, spot deals, and move forward.

Obviously if the difference between a standard LTR and a STR/MidTerm is that different, I would highly consider it, but I'd have to study up on all the extra variables of what an STR entails.

It obviously is not a homerun.Also, if you do move forward with it, make sure the HOA has the milestone study done. 

A cost segregation study was performed on this single family home in Fort Worth, TX purchased in 2023 with a depreciable cost basis of $272,633.

And if you need some "outside" agency approval, like state road access, wetlands, stream crossing, perk tests, hydrogeological study, from either state or Federal agencies add more time. 

The CFP® certification requires rigorous study and hands-on experience, which you seem prepared to tackle.I've been in the financial planning field for several years now and currently teach aspiring CFPs at Golden Gate University.

This is a very classic 1031 exchange use.