Can someone please explain note investing!

[Josh Oaten]

Hello everybody I have recently been listening to BP podcast 211 and have become a little curious/intrigued about investing in notes. I understood half of the discussion with Bob Malecki, but am still unsure about the whole picture. I was wondering if anyone could help me understand the elements of investing in notes, how it works and if you believe it is a good idea to take this on as a first step into real estate investing for a beginner. I appreciate everyone's guidance and help Thanks :)