i know i am not pulling out all the equity i would have acquired but i feel this makes more sense.

So to determine if it is worth your time, look at the price difference between duplex and triplex sales in that area, preferably within the last 90 days.You will have to pull permits to convert it to a triplex, but it can be done.

that was a rocket ship.. 180 knots true..but pull the power and it drops like a stone  .Me Cirrus Sr 22.. but semi retired from flying these days but flew that thing all over the US> 

pulled carpet, refinished floor. completely redid kitchen. paint inside and out. sod in front, cleaned and seeded back What was the outcome?

We are going to pull $ out of this home in  NJ, and the current plan is to move to the area, keep the jersey house as a rental, maybe house hack a duplex or 1 yr. brrrr.

I will pull back.The property is in Walterboro, SC which is a growing area but still rural fronting I-95. 

In a cash out you will probably only be able to pull 70% out, maybe 75% if you are lucky.

Been talking about it for years, finally pulled the trigger.

Is there a way that'd allow me to have her owner finance this and pull out equity in a HELOC or cash-out refinance in 6 months after seasoning while continuing to make payments to my mother going forward?

Convert to cash either by selling or pulling $$ out.