Hi everyone. I've been listening to/reading BP for a few months now and just found a way to buy my first investment property by partnering with a friend! I'm excited to get started, but I've heard and read over and over that we should get a formal partnership agreement in place before purchasing the house. I'm a little unsure how to get started and was a bit intimidated by the costs when I started calling around to ask Knoxville attorneys.

Can anyone help to answer a few of my questions?

1. Any recommendations for Knoxville (or other area?) attorneys?

2. What is a rough estimate to form a partnership between 2 people splitting a single family home 50/50? I've heard $1,000-$1,500, but the estimates I've gotten so far have been $2,000-$3,500.

3. Does anyone have or can suggest somewhere to find a decent template for what should be included in a partnership agreement? I've read through a lot of posts and found a lot of details to include, but it would be helpful to see a full example. 

In case it helps, here are a few additional details about the house:

I'm in Knoxville, but the house is in Georgia. We'll pay in cash, so no mortgage to worry about. I'm paying a slightly higher cost up front, but from then on, we'll split everything 50/50. My partner will be living in the house for at least a few months before hopefully purchasing another house in the area to flip, at which point we will rent out the house to someone new.

Thank you for your help!