Duplex and Triplex

[Sean Crean]

Hi everyone I'm Sean

New to BiggerPocket and learning a lot 

So here my plan I currently own a one bedroom condo in Central New Jersey and with my Mortgage and condo fees, I'm getting now where ( first home and didn't really look into all my options at the time)

So what I'm thinking is to buy a Duplex and a Triplex and live in one of the units. Hopefully this will free up some of the money I'm paying out for my current Mortgage and maybe even give some extra cashflow. With the money I'm hopefully going to save, I would like to pay down some debt i have and also continue to build my investment portfolio. I do have a full-time job)

I have two questions

1. Is this a good plan?

2. should I sell my condo or rent it out?

I look forward to everyones thoughts and any help to get me going.