You can check out yellowletters.com for some sample letters and then modify them as you like in order to fit your situation.

However I would modify it a lot if buy and hold was my strategy.   

I transcribed the VM, should anyone want to record in their own sexy voice or modify.. 

BTW, I have looked at the website of the attorney interviewing the staff attorneys in that Ohio video, actually several and his blogs appear to be inline with contract matters, earnest money, intent, ability, expectations, etc. so you may not be working with him, but his advice seems solid. 2nd BTW, I don't believe there is a state that does not recognize tenants in common or the ability to purchase an undivided interest in real estate, so the TIC, TAC, TOE method, modified to state compliance, is a basic tool to effectively carryout the intent of wholesale transactions, but it's not by flipping contracts, but through taking title interests. 

In the event that Tenants decide they no longer want to live together, ___________ will be considered the primary Tenant to make decisions about modifying or terminating tenancy.

If you modify your requirements to be flexible in the case of students and market it to students, their parents will cosign and likely be paying anyway. 

This is a modified BRRRR method since we didn't buy it low enough to refi and pull out our initial investment.

The reason I modified my answer is that there is some likelihood (although admittedly low), that the second was sold off separate from the first, and that by failing to name the original lender, the unrecorded successor to the second is not bound by the foreclosure.

They will commonly do up to $50k unsecured LOCs, so perhaps you have a modified version of one of these.

Our standard language states:In the event that Tenants decide they no longer want to live together, ___________ will be considered the primary Tenant to make decisions about modifying or terminating tenancy.