Obviously there is risk involved (as with anything).

This does not involve the utility company meaning that you will still have to go into the property, read the meters, then individually bill each tenant for their usage and understand the bill is still in your name.

Start by being actively involved with your PROPERTY MANAGEMENT duties.  

Whether it's considered an arm's length transaction is debatable, but it's not illegal.Move forward with the sale and ensure full transparency with all involved parties, including your CPA.

Of course, every owner's situation is unique and factors like the legal entity involved, purchase date, adequate passive income that can be offset with the cost segregation study, etc., will need to be considered.

Mostly due to the fact my spouse and I agreed on her to have zero involvment in any sort of RE investing (and its our home) I think once you have a good 6-12 months of reserve cash (operating expenses for your own life saved as a back up incase things go bad) save enough liquidity to get the ball rolling on your first invesment.

My involvement would go down drastically to where the only thing I'm doing would be funding the deals.  

It might be overpriced or might be correctly priced but is not generally desirable because of the work involved. 

She denies and keeps texting me every day to "fix the furnace".

(the seller side) This is for those involved or interested in becoming involved in creative finance, especially SubTo.