Replace Clip with Sequence Error

I run into this a lot. The behavior is that I need to replace  a series of clips with a nested sequence and match timecode. In After Effects, it’s as simple as: right clicking the source in the project panel and right clicking replace with composition. In premiere it’s a lot more counter-intuitive (and slower)

Here’s my replace with clip Premiere work around for those who need it:

1) Right click the clip in the project panel/bin

2) Make a new sequence with that clip

3) Make sure that new sequence has all the same settings as the original clip (for some reason the duration doesn’t always match which is very annoying)

4) Right click that new bin and open it in your source monitor

5) Select the clip you want to replace, right click and select “Replace with Clip”—> “From Source Monitor, Match Frame”. You MUST have the item open in the source monitor and the settings MUST match or is this option will be greyed out.

6) Now do this for all your other clips. You have to do this one at a time   .

While a lot of this workflow is manual, at least you don’t have to manually select your in and out points!!

Unfortunately, Premiere gives the error that "the source clip lacks sufficient head material" - so I manually matched up the sequence duration with the clip duration and the time doesn't match up when I do match frame. Any ideas?

Would love to see that AE feature added to premiere in some way, would save me a lot of time!