@Ida Powers, to answer this question "would it be a bad idea just to find a normal at market priced house on the MLS to live in currently and then rent out", I assert the answer is no, it would not be a bad idea. 

@Natalie Kolodij Ownership changes on a replacement property subsequent to an exchange must be carefully navigated, as it can be asserted that the property was not held for investment at the the time of the exchange, but rather for resale.

Simply put it's the notion that if I assert myself I'm "taking jobs away from someone else."

  - Lets talk about that modification paperwork...does it assert that your buyer is the owner of the property?   

It is my assertion that the longer lease does not significantly increase the probability of the tenant staying for the 4 years. 

Your assertion that my comments are wrong is silly.

Any hard data to back any of your assertions up? 

Mike Adams, WiseGuysInTies, The Kwak Brothers all have fantastic videos online of how to use HELOCs to reduce debt while growing assets assertively.

Paradigm Life is asserting that using the whole life insurance policy in the way they propose is a better alternative than keeping money in the bank because of the following:- the returns are considerably higher- i can access the profits tax free through getting a loan against the policy- even when i take a loan against the policy, the entire cash value is still earning dividends and "guaranteed" returns.The agent has been upfront with me that the first few years of the policy are going net high losses because of the upfront fees, but over time, 5-7 years, the policy returns will make up for the initial fees and I will start being able to access my cash through loaning against my policy while still seeing my policy grow.