I like both of your ideas so I would look for the single where an ADU is permitted or one with a dump ADU to renovate (that's best) and balance that against the purchase of a 2-4 unit.

Roll them all up and the averages are:purchase $154krenovate $47Ksell $232kThese are gross numbers, not including closing costs, borrowing costs, holding costs, licensing and permit costs, G&A, overhead, commissions, forward rate buy-downs, and lease-up fees, to name a few of the many expenses incurred. 

https://ecode360.com/15245641#15245642 seems like condo conversions is not permitted in Hoboken but curious what's the result of your case. 

Delay after delay until Dec 2020 one of Wagner's workers asked us to cancel the contract since the builder has not started construction.

I expect you will need a permit and not be issued one. 

It was taking 8 weeks for septic permits and 4 months for surveys. 

During the 2008 financial crash, low paid, low skilled workers were laid off in droves.

The TN focus is on adopting remote workers.

I'm a contractor and just did a bid on an SB9 project in Los Angeles County - Altadena area (building permit jurisdiction).

Duplex have different zoning that may permit additional units.