I think your first step is to educate yourself thoroughly on different passive investments that produce consistent income.

You'll still want to treat it like any other investment property, creating an inspection and maintenance schedule as the occupants will likely not address much following the sale, especially if health is a concern.

I am reading what I can,  watching the podcasts, and looking at attending the local meetups as often as I can to get started.I greatly appreciate the work the team has done to create this site and the content they have produced!

The house will be income producing debt which is good not consumer debt which is bad.

I've also made a lot of healthy lifestyle changes with my diet and exercise over the past year and cut out all the extra sugar and I feel SO MUCH BETTER.

You might be better off creating healthy habits of spending less in the short run and the long run.

The worst move you can make is hiring cheap management and expecting them to produce at the top standard. 

We have great credit, a healthy savings, and debt free.Any advice would be much appreciated!

There is also a net gain from the positive cash flow the property will produce every month.

And some lenders do require a seasoning period (6-12 months) so they can see this is a stable, income-producing asset (collateral).