Thank you for the comments and for bringing facts on how the city has overcome disasters.

William Tingle has an excellent article on this topic:How To Overcome Seller's Objections When Buying Subject-ToI wrote an article about this a while back too...I'll try to dig it up and put it in the new file vault this evening.

for the life of the contract now remember the first few years you will have neg returns due to comm and cost of insurance and the fact that the dividends are based on the size of the death benefit and how long your policy has been in force so that 4% compound has to over come all of that and it will take years to do this (8 or 9) maybe even 10 years so you will go from getting a $300 (yr 1)a year div to $4000(yr 10) a year to $14,000(yr)20 a year and rising its the turtle in the race & the finish line is 65 or 66 years old  for most folks by age 65 you would have put in $300k in (premiums)  Guarantee cv will be prob $387k  (thats ZERO Dividends paid all years!!!)

It's tough to overcome with many deals in Texas.

The forces at play are too powerful to be overcome and those are housing shortage, housing shortage, housing shortage.

Best scenario in my opinion with the least headaches could be to sell that home and move the equity into a 400K home that is paid for in full, this will elevate a lot of stress and give him time to retool and overcome the rotten economy forced upon us. 

Even the bumpy roads along the way are fun after I overcome them.

I have been in this game for 3 years now and I love studying real estate and learning, and since I started, I've overcome false beliefs and acquired new mindsets.

if so, how did you overcome this obstacle. 

Any real estate strategy can be slimy when it's done by folks with little to no education, ethics, morals or cash to overcome foreseeable issues.