Thanks for the feedback. This didn't quite do what I was hoping... :)
In my file I have '2' paragraphs that I would like to create, but each section of text that I want to make a paragraph out of has a newline every 4th word - the only thing that separates each 'section'/'to be paragraph' is 2 newlines that I would like to have maintained in the newly created file.
Right now my code just makes one paragraph out of the 2 sections.