Thank you, so I will have to have it shipped through an FFL in order to have it legally "transferred" to me correct?
Not through an FFL, to an FFL. The FFL will have to be on your end, not your friend’s end. The gun now belongs to your friend. It’s like you are buying it from him. He has to send it to an FFL near you. You will have to fill out the proper forms, and go through the back ground check just like you were buying it for the first time.
At least that’s how I understand it. I could be wrong.