Have all payments from  the tenants go to your LLC. 

After buying this house, I partnered with others to invest in a duplex in the Wichita area.At the moment, I’m living in Tennessee, and I’m weighing two options: either selling my house and using the proceeds to buy a duplex in Overland Park or Wichita with my partners, or keeping the house for another 3 years, transferring it to our LLC, and renting out the entire property to maximize its rental potential ( $1400-$1600 ) I currently owe $200k on the property with a 6.5% interest rate, and my monthly payment is between ($1,700-$1800).

Well based on that logic, home inspections cost money too and I could save towards my next down payment by skipping those. 

@Paola AstridIf you’re considering refinancing an FHA loan, it’s a great way to lower monthly payments or gain more flexibility.

Maybe you can use your duplex as collateral seeing as you don’t have a big down payment?

There has been quite a bit of complaints in the past year of IHA mishandling payments or not paying at all and little to no communication.

I continued paying what I had paid before, with the additional money purely going to principal.The recast to a lower amount was purely to reduce my committed monthly payment to a point that I could get my property to cash flow if I had to move out (job loss, etc).

Sue the seller, any payment delinquencies should have been disclosed.

They already have a track record (good or bad) with you, so you can decide based on payment history, inspections, etc.

Here's an example comparing three different loan originations:Loan A: No interest reserve, but $15K est. interest payments for duration of the loan.