Note Assistance Program and Note Lab: Good For Note Newbie?

[Valenda D.]

I am a former buy and hold investor (rental co-op, condo and SFH) and multi-family property manager seeking to transition to owner-occupied, SFH, 1st position NPN.

As a newbie to notes, the Note Assitance Program, especially including its Note Lab, has been suggested as the best program to become educated about notes that is also inclusive of ongoing hands-on guidance, support and resources for IMPLEMENTING THE KNOWLEDGE to build a successful business. A plus for me is that it is live training, relatively near me in Southern California and has positive reviews among several members of my lical REI networking group. I'm in Long Beach.

I am also of retirement age but plan to work at my new 9 to 5 job another 5 years to become vested in the retirement plan. 

Building a note investment business that generates monthly cash flow of at least $1K a month within the next 5 years to supplement my expected other sources retirement income is my current goal. 

I hope that is a realistic goal. I'm starting with a $15K seed money lump sum and will have an additional $1K per month to add to my investible capital cache. I am planning to invest eitherin individual notes (probably seller financed).JV note deals of defaulted notes/foreclosed property sales have been proposed.

Those deal would generate a lump sum profit to be it sed for future investing.i've been advised both that I have enough to begin investing and also that I don't invest don't have enough to begin investing, or more importantly to sustain the business.

Can anyone provide feedback about your experience or knowledge about the Note Assistance Program and/or its Note Lab? Thank you.