While getting a template (likely from another state) may make you feel good, when the time comes for you to enforce the agreement and it does not hold weight will not be worth the savings. 

I would not go through the cost and pain of extracting every dollar of equity. 

If you're open to providing feedback or exploring potential partnerships, I'd love to connect.Please feel free to comment or reach out for more details.

The forum here on BiggerPockets is a great resource, and local connections can complement your online learning.Best of luck on your real estate investment journey, and feel free to reach out if you have more questions!

@Jacob Heckford After a year, how do you feel about Invelo? 

Feel free to connect if you ever need any advice, happy to help. 

Feel free to reach out if you have any questions.

If you have any more questions or need further guidance, feel free to ask!

I hope that helps, feel free to connect! 

However, since I do not know how long I'll be in each city I now feel this is not the best strategy for me since the house would have to be my primary residence for at least a year.