Yes, it's BP buzzword bingo -- but also a real deal. 

Bingo.

You could take that same $70K plus what you planned for that $680K down payment and buy 3 investment rentals in states like FL, TN, IN, OH, GA, LA, even up on the Oregon Coast just above you in CA.Most of my customers live in CA and none of them invest in Cali instead they buy in the states I listed above.

Bingo DOS.#7 How about homestead exemption for taxes? 

Bingo, you nailed it on the head. 

My husband and I are now looking at other places more  bingo 

The main guide lines focus on it being on a permanent foundation (Concrete slab), Hurricane tie-downs if you are in FL, GA, LA and a few other states, must be a double wide and not moved from another location.

Gala

Bingo.

Bingo.