Also run the numbers, if you transfer out and you keep the duplex, which would be my strategy, are you in a positive cash flow assuming both sides rented.  

Before you close on 7/20 make sure that they transfer the deposit that was made by the tenant at the beginning of the agreement.

Some are automatically transferred from your Cash Flow expenses (water/sewage, insurance, property taxes) while others (electricity, HOA fees, etc) need to be added by you within the Rehab worksheet.  

Trevor White I am not a lawyer but I would keep it and transfer the type of businessWhy?

But in this case, what reassurance must be given to the seller when posing this option to them, as their name remains on the loan and they transfer the deed over?

Title transfers to my name.

Maybe refinance while at the same time transferring into a Trust or LLC might pass muster to regain my entire VA financing benefit?

Is there any way I can transfer the whole property under my name and even the mortgage so my partner can go ahead and look for another property.

The Calculator will automatically transfer any expenses you include in the cash flow analysis (loan payments, insurance and taxes).  

When you add all of the transfer fees and sale costs there's just not much left.Reach out if I can help with anything else.