I haven't filed a claim all these years but insurance is for the what-if and to be used for the high-ticker items, but chances of damages exceeding the 5% is low.  

It's highly unlikely to go that low again in your lifetime.

@Denise Lang Starting your real estate investing journey out of state can be strategic given California's high costs and tenant-friendly laws.

I am a high performer and run my own territory.

If you have one high earner as a W-2 I would recommend the other switch to managing the Real Estate side of your wealth ASAP. 

As a US citizen I have an SSN, file taxes every year on my foreign employment income, hold US-domiciled assets (stocks, IRA, 401k), and I have a ~15 year credit history with a decently high score.

Shelf appears to be 7' high.

There's a very specific ways to calculate FHA income, and it will be highly dependent on how the deal and your ownership is structured.

Hey @Jeff Ryan, Let's say the mobile is worth 120k (which seems really high for a 25 year old double wide).

You would have the tax hit from the sale, but it would be high flowing cash and in still in real estate if you want that.