Just started the research phase and learn everything I can about this process before I make my first purchase. 

Your answer will certainly help you decide what kind of real estate investing makes the most sense for you too.

None of this makes sense to me.

I would guess the price they are willing to pay is so low, probably 30% APR, you wouldn't find anything you could make money on.

Buy a property worth at least a million, better a few million, to make it worthwhile.  

Quote from @Cesar Garcia: So I'm thinking of purchasing a house out of state since my hometown market doesn't make much sense to purchase in. 

@Greg DevlinIf you go the passive investment route, you may check out this website that has a database of Opportunity Funds:https://opportunitydb.com/funds/If you do your own project, just make sure you have proper advice and planning before you make any purchase or investment.

Okay...Finally making the plunge and putting my old primary into a LLC or Trust.

For instance, say you have 90k in your bank account, which you had it for 2 past bank statements on January 1st.

If you are looking to make a sound investment, which is what most people want when they come here, then house hacking is your best option for what you are asking since you may want to use it as a primary.