Lots to digest here.
First it can be a fatal mistake to remove a boat stand without having added additional support. One common action is to paint what you can and then add an additional boat stand near to the one you need to lower to paint. Another option is to add cribbing under the hull at the chines and lower the stand a bit to shift the load to the cribbing. To do either you will need either lumber for cribbing or another stand. Maybe you can borrow a stand from a friend.
There are a lot of considerations regarding painting. Basically there are two types of bottom paint, hard and ablative. Each of those comes in different formulations such as water based or not, copper based or not and quality of the paint. Decent paint can run $200 per gallon and up.
Hard paint is what it sounds like. It forms a hard surface. Ablative on the other hand is softer and wears off as you boat. The wearing off exposes new surfaces but eventually the paint will wear away.
This is important: You can not apply hard paint over old ablative paint unless all of the old bottom paint is removed. If you don't know what kind of paint is on your hull, you can test by wiping a light colored clear rag wetted with some acetone over a small area. If the rag becomes very colored your old paint was probably ablative. An old coat of hard paint won't come off so easily.
Most bottom paint is copper based but there are options for more ecological solutions. These paints are more expensive than copper based paints. Some areas of the country are starting to mandate the more environmentally friendly options.
Bottom paints come in alkyd based formulas as well as water based offerings. I like water based because it doesn't smell as bad and your tools, brushes, rollers etc as well as your skin can be washed off with soap and water while still wettish.
Once you determine what general paint you have to use hard coat or ablative, my advice is to talk to folks who boat in the same waters and ask what they use. Different type of waters benefit from paints designed for those water and/or how you use your boat. For example, boats that are used often as opposed to boats that sit at a slip for weeks at a time often favor one paint over another.
One final warning that must not be ignored is that copper based paints should never (well almost never) be applied to metals such as aluminum as is the case for lower units. The copper in the paint can cause galvanic action that can eat up your motors
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There are paints designed for aluminum such as Interlux 33 ( I use a product called Alumacoat ( Pettit maybe)). FYI, may experience is that the Interlux 33 clear spray is a total wasted of money, so use a color or another product.
Most of the paint manufacturers have helpful documents and videos on the web.
For newbies there is a lot to digest
I didn't get into hull prep or primers such as barrier coats. That is a whole other conversation.
Do your research and good luck ( Bottom prep and painting is a Misérables job. At least your hull isn't on a trailer!