"Any and all tenant deposits along with any prepaid rents (security/pet deposits, last month's rents, etc.) shall be transferred to buyer at closing, verified by tenant signed estoppel letters", just off the top of my head. 

We both have jobs that would potentially allow us to transfer to this area if we decided to move there later on.

What will I need to transfer taxes and insurance into my name.

I enjoy working out and dieting as it tests ones discipline, self control and teaches one to work hard and to be patient in order to see results, which I feel has been a priceless attribute acquired and will transfer over to my real estate endeavours.My Experience With Real Estate (or lack-thereof)I have no real experience thus far except for everything that I've read, heard and watched.

The Lease Option Facilitation I'm working will allow a retired Army Vet. to transfer to the DC area for his dream job without worrying about what's going to happen with his home, and my neighbor... well, we just may be able to help him out of his foreclosure. 

Has anyone transferred their conventional financing held by the couple to just one person?

You don't have to pay a thing no insurance no taxes no maintenanceAnd to reassure you that I'm going to pay this bill on time I'll leave a quick claim deed in case I default, in escrowThe only thing you need to be willing to do if I take over your payments is to transfer the deed to me and keep the mortgage in your name.

However, the UPCA states that:"in the case of resale or transfer of a unit consisting of unimproved real estate, the capital improvement fee shall not exceed one-half of the annual assessments for general common expenses..."

Once the buyer is ready to cashout (in a few years) with in the agreed upon time, you pay your seller owner and transfer the title to the buyer.

Unless you see a recorded doc that transfers the property from the borrower to the lender, it's safe (relatively) to assume she owns it.