Even with a 0% financing, the lender will always be on top when you calculate the future value of the annuity (e.g., at the end of a 30 year 100k loan with 7% interest rat, the bank gets $239,508 in their pocket).Now, there are two conditions. 1) The conditions of how you pay back the debit. 2) Can you pay it back.So, when you have this fundamental down, this is how you can view debt decisions.Examples:- You rent a home and want to use a HELOC from that same house for the down payment of another home.

Many states exempt annuities, cash value of life insurance, and homesteads.  

Lump sum puts me into a much higher tax bracket.Annuitize it over a period certain would provide a 6.79% return of the savings.The annuity monthly payment deteriorates with inflation.Rollover to a 403(b) plan limits options to mutual funds.

Exactly I dont think many posting here realized that many landlords could not collect rent.. and we know many landlords with any kind of debt if they cant collect rent for a year or more ( like what happened in some markets) those folks cratered.. for some reason many of the BP participants think rents are a guaranteed annuity payment :)

If you want a blend of the two strategies (getting the valuation you want and also getting annuities) then maybe look into a seller-financed/subject-to-sale. 

To learn about he 403(b) distribution and loan rules, see the following. https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-403b-tax-sheltered-annuity-plansAlso, you are correct that Roth IRAs are not subject to RMDs based on current rules (as of 2017) but the IRS is looking to change this rule. 

There's probably a fee, maybe they want to actively manage your account, they could want to sell you insurance products, annuities, etc.  

Of course, I buy "income" investments like I would an annuity contract. 

Kind of like an annuity.

Having an annuity income and allowing their "equity" dollars to earn a higher rate than they could usually get if funds had been received in a cash sale, especially after taxes.Saying that being able to foreclose sends you down the wrong road, it's not an advantage to put someone in a seller financed deal to set them up to fail and get the property back.....now, you'll have big problems with that thinking.