I’m looking at purchasing a quadplex in New York City, where all four units are rent-controlled, with two units vacant and two still occupied by rent-controlled tenants.

I have just signed up for Launch Control and its getting frustrating. 

FNMA took total control over these entities.

While both involve shared spaces, the way ownership works is entirely different, and it can impact your rights, control, and future flexibility.Who Really Owns What?

Effectively no, otherwise everyone would do it and there would be no rent controlled buildings.If the property becomes vacant there are scenarios you can remove it from rent control. 

But others investors with different risk tolerances, goals and financial situations invest in the platform.2) I feel directly owned properties are great because they give me maximum control and the ability to tweak them exactly how I want.

This implies residential units can be built at lower costs and provide better return than building a single ADU.11) adding an ADU to SFH can make the SFH fall under rent control.

It sounds like you want checkbook control, @Katie Accashian  In this case, you need a special-purpose LLC.

Hey everyone, Decided to move from Launch Control to Smarter Contact. 

On Monday morning the HVAC tech came to the home and determined that the control board failed on the unit and would take about 5 days to get the part for install.