I've talked to many friends/family and I just dont know what the right answer is - but almost unanimously everyone says two things, "These are historically low interest rates."

So the unanimous response seems to be to go with a local to property regional bank.

However, I did whey out all of the variables and I agree with the unanimous consensus, especially because the seller raised the price to 970k when I called to follow up.  

Strong unanimous dislike.  

Looks like it's pretty much unanimous.

Indeed, Bronchick does recommend multi-member LLCs, and having unanimous approval by all members required to make a distribution.

Having had svevral LLCs and acting extensively in various corporate structures, "we" determined that a significant issue would be authorizations to negotiate and execute any contract, purchase more than $1,000.00 in materials, open any bank account and specify those authorized to conduct banking business, or order any service that will cost more than a reasonable cut-off amount, mine was usually $250.00.A special meeting is called as provided for in the Operating Agreement and you simply state in the Book of the Minutes the date and time for the meeting, purpose for the meeting, and that unanimous consent ( a one person LLC)was given by Member(s) to conduct such business.

It seems pretty unanimous here - keep tenants, turnover is bad.

They may be able to do this without unanimous agreement, but at least I have some protection when that HO sues.

It would be great to have unanimity among the family, and time may help bring that around.