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

This is why the big corp builders or regionals control so much of the larger developmentsthe deals i funded are 34 lots 160 lots and 80 lots respectively and each of them have contracts on them by Toll and Lennar and one regional but they only close when we have permits in hand. 

The job starts when paperwork begins , ordering materials obtaining permits , lining up subs etc .

Another consideration is the permitting process and local zoning quirks, which can slow you down or force design changes mid-stream.

From simple rules like permits to outright bans so that is a huge risk IMHO.

Interestingly, attorneys are not permitted to offer services to strangers except by general advertising.

If it helps, I've inserted a link to Cape Coral's permitting site below where you can check the status of work progress and inspections. 

There are no restrictions on foreign property ownership in Portugal and transaction costs are generally low.Portugal will grant a 5-year residency permit to non-EU citizens through Real estate investment (the program is called Golden Visas, look it up).

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

The owner can designate a host who shall be responsible, and authorized, to act on the owner's behalf to promptly remedy any violation of these standards or the permit.