But would this work? The manual doesn’t document a case like this.
Also: Would it even be possible to make this show up as one toggle light switch in HA?
The manual is suggesting that you only need a single LBMINI-L2 to get 2-way switching to work:
But this would obviously not work because I would need 3 or 4 connections between the electrical boxes, but as shown in the first photo, I only have two.
In the following two pictures you can see that if I were to put the smart switch in one of the electrical boxes, there would have to be one or two additional wires going to the other electrical box:
I don’t think you can make this work the way you are trying since that setup relies on different switching directions sending the current in different directions. (If you have relays with three poles you might be able to do it, but most of the in-wall devices I’ve seen assume one pole is always live.)
What I would do instead is have one relay control the light and then the other just act as a smart switch that sends a toggle to the first one when pressed.