NY Exodus ... Single-family to Dupe, Tri or Quad ... then South!

[Steven P.]

Hello BP'ers ... long-time NY (Saratoga area) member, but have only been a casual on-again, off-again reader.

Looking for guidance on transitioning from our single-family to a duplex, triplex or quad, the multifamily as an owner-occupied investment property that will allow us to retain a NY footprint -- driven by family's center of gravity -- and have an $income component, then transition over the next couple of years South (NC, SC or FL).

We would prefer to stay in our single-family residence, then move into the multi-family while simultaneously marketing/selling our home.  We're looking for guidance on locating target properties that would allow us to construct or renovate a multifamily, minimally a duplex; this could also be a single-family to duplex conversion.  We think that the key to unlocking this house hacking puzzle is financing the project, without having to first sell our primary residence, or break the bank with monthly interest payments ... something like acquire, renovate/build, close.

Thank you in advance for your patience and feedback on what is likely a very newb inquiry, and a situation that countless other boomers may be facing.

Kind regards from NY,

Steven P.

Saratoga