There have been a lot of negative opinions about lease options on BiggerPockets by people that have done a lot of different types of real estate.

There are plenty of groups that will help if you don't, but having the project be shovel ready will ensure that you get the type of financing you need.Good luck!

Is there a way to remove rent control from these units, especially the vacant ones?

I am looking forward to getting started and learning everything there is to know about real estate investing as a beginner.

This is huge, and the thing I would say if there are delays after well preparation or lack of communication, there should be a line in the sand when to pull the plug on a contractor and get someone else in the project to finish the job! 

There are also many funding options that will open up for you in doing this.

Never again.Looks like there are a bunch of different comments from private lenders who might be a better option for you depending on what you're looking for!

There can be surprises and damage to the property. 

So, to answer your question there is certainly a case  for both sides and the correct answer is really unknowable.

My point is, you are on the right track with your thinking, so now to the "HOW" to actually get in, if like me, you don't have an in or connection.First step is likely to get licensed, if you aren't already there are some other ways to get in the door and be helpful but licensed means they can pay you cuts of the deal and its less upfront cost and risk to them in helping you out.