There are definitely some benefits and some great things you can do with the cash value of your policy, but keep in mind that it will take time to build up your cash value...and there are substantial up-front costs (which is understandable.... it's not a magic product) and so there will be a large negative delta between your cash value and the premiums you've paid when starting out.

And, the money you "give up" will be peanuts compared to what you will learn and the delta on your future you.I think it's a great idea.Best of luck!

Just check the unit specs for the delta between incoming vs outgoing temps. 199k BTU's are not equal.

Market knowledge is the greatest mitigator of risk; although market knowledge is also the greatest blinder to properly assessing risk as often investors will see less risk in things they understand better and more risk in things they dont understand as well, and completely misjudge the risk premium on different assets due to that fact.With higher risk means that there is a higher probability that actual returns will have a higher delta from pro forma returns. 

I can only imagine what it looks like) will cost so much that you will need like 5-10 years of the delta between the market rent and their current rent just to cover the rehab costs.

But, if we assume that the market continues to trade at 5 cap, the Delta of 1.5 cap between your basis and the market represents value.

I guess they want people to err on the side of over-insuring properties so that they can collect the delta as a nice little annuity on every policy annually.

Buy term invest difference (BTID) is the way to go IF you can capture a high yield with the delta and won't piss away the money.

If tenant buyer can only borrow the appraised value, do they have to make up the delta in the appraised value and the higher lease option price in cash at the time of closing?

Check with Coco-Cola, Delta Airlines, etc. and see if they have any executives moving to the area that want to rent a place for a little while before deciding on a purchase.