It seems unanimous.

About 10 weeks a year of solid rentals is what ya get here.Finally, there was a recent Pa Supreme Court decision (Slice of Life vs Hamilton Twp) where the Supreme Court unanimously ruled that STRs can be considered transient housing, which is illegal in residentially-zoned areas.

This agreement should set-out not just the responsibilities and duties of partners / shareowners during the "good times", but should also lay the ground work for how a partner/shareowner may leave (or be pushed) - who has the first option to buy our the interest, can it be sold to an outsider (and does that required majority or unanimous approval of the remaining partners/shareowners), etc.  

In Long Beach the city council is unanimously opposed to rent control and has made that very clear at city council meetings.

If I did that, I would condemn myself to perpetual contradiction, as investors do not often unanimously agree on things.  

Check into using unanimous consent, where all memebers must agree, but this can effect your tax status regardless of your elections.The Operating Agreement is the heart of the business and you should have a good attorney go over it as there are various ways to mess up your tax status with contradictions in the OA or have security issues with more than three members.

So I'm pretty sure it's going to be unanimous (me included) that you should have a real estate component in your portfolio :).

(g) Any purported assignmentof an Interest that is not made in accordance with this Agreement ishereby declared to be null and void and of no force or effectwhatsoever.7.02- Assignee'sRights.The effective date of admission to the Limited Liability Company of aSubstituted Member shall be the first day of the month following themonth in which all of the Members shall have given their writtenconsent to such admission.7.03- Indemnificationand Terms of Admission.Each Member ("Transferor") shall indemnify and holdharmless the Limited Liability Company, each other Member and anyIndemnitee who was or is a party or is threatened to be made a partyto any threatened, pending or completed action, suit or proceeding,whether civil, criminal, administrative or investigative, by reasonof or arising from any actual or alleged misrepresentation ormisstatement of fact or omission to represent or state any fact madeby such Transferor in connection with any assignment, transfer,encumbrance or other disposition of all or any part of suchTransferor's Interest, or with the admission to the Limited LiabilityCompany of a Substituted Member, against losses, liabilities andexpenses for which the Limited Liability Company, any other Member orany Indemnitee has not otherwise been reimbursed (including, withoutlimitation, attorneys' fees, judgments, fines and amounts paid insettlement) actually and reasonably incurred by the Limited LiabilityCompany, any other Member or any Indemnitee, as the case may be, inconnection with such action, suit or proceeding.7.04- Withdrawal.No Member may withdraw from the Limited Liability Company.ARTICLE VIIIAMENDMENTS, VOTING ANDMEETINGS8.01- Amendmentby Members.A unanimous vote is required to amend this Agreement.8.02- VotingPower.Each Member shall have one vote for each Unit held by such Member.Unless otherwise expressly provided in this Agreement, theaffirmative vote of a majority of the Members shall be required forapproval of any action of the Limited Liability Company by theMembers; including, without limitation, (i) dissolution and windingup of the Limited Liability Company; (ii) the sale, exchange, lease,mortgage, pledge or other transfer of all or substantially all of theassets of the Limited Liability Company other than in the ordinarycourse of business; and (iii) the merger of the Limited LiabilityCompany with another entity.8.03- Meetingsof Members.Upon the written request of any Member or Members owning at least tenpercent of all Units, the Manager shall call a meeting of theMembers.

Your operating agreement will cover what has to be done to make distributions, such as a unanimous vote of all the members.I think this guy is jerking your chain.

Well, that is unanimous.