Repercussions for moving into out of state investment property?

[Aubrey Buchmann]

Hi everyone,

I'm interested in buying a duplex or triplex and recently did a cash out refi on my rental property to get the cash for the down payment/potential repairs on the future property. Now I need a loan for this duplex, and I'd like to live in it as well, but can't afford to do this where I'm currently at in Denver, CO, it's too expensive to buy duplexes here. My husband and I want to move out of this state, but I'm afraid once we do that, it will be impossible to obtain a loan for this duplex because we will both temporarily be out of work. I don't really want to wait another year or two to acquire new job history and apply for primary residence loan. 

Any tips on how to tackle this lending issue? Should I just buy a duplex out of state on an investment loan while I show employment income and Hx and then move into it and only rent out one unit? Are there repercussions from lenders if you move into your investment property?  

Thanks in advance for input!