If not, how would it be possible to ensure a similar guarantee?

Side note, yes definitely do your due diligence on the HOA to ensure they don't have specific bylaws regarding rental units.  

Ultimately though, barring litigation, an operating agreement cannot ensure that your partners are going to cooperate with you.

This will ensure the other liens get wiped and we can immediately begin selling it ourselves.

Just be sure to use plenty of key words in your posts to ensure they get seen and set up your own alerts so you know when people are talking about a topic that interests you.

I was majoring in Molecular Genetics and Medical Technology and have recently come to the realization that I don't want to work in a lab or office as my career. 

Any properties that have favorable mortgage/civil documents attached to them we run numbers and drive out to the property for a better look.I attended a sheriff's auction last week just to check it out - I met a seasoned buy and hold investor that gave me a few tips.Our plan is to contact the lenders associated with the particular properties and offer them based on our rehab calculation, while ensuring we can still get good cash flow and ROI.

So I want to take the necessary steps to ensure it doesn't come back before the drywall goes up.  

I will definitely be careful to ensure I am operating Legally yet still able to attain my properties fast as possible to meet my goals.

Ideally, we'd want the property to be sold & an escrow company handling the funds, to ensure we will get what was promised in our JV contracts.