Liens recorded after the recording date of your mortgage lien are junior and can be cleared in a foreclosure. 

If this is in the ballpark I'll change my thinking on starting with multiple notes even if the starting risk is higher that way.PS: I'm willing to put in the time on junior liens.

They are junior agents and are paid per showing.  

I myself earned a degree in Economics and got my RE license during my Junior year and began helping student find apartments and even got an internship with a seasoned investor to just learn the ropes.Having a degree to fall back when the market is on a downward slope will definitely be worth it one day in my opinion.Best of luck with your decision!

Don't buy a junior lien at a foreclosure sale.

Notice of foreclosures are required by law in any state to be made public (similar to court order appearances) and includes a list of all other interested parties (this is your Lies Pendants to look at who has junior liens, but you will usually need to go to the courthouse to find out how much these liens are for- this is used to determine if you think you should bother trying to purchase the property or if you think a junior lien is going to redeem).

You will need a servicer for both, and some knowledge going after the non performing ones, which based on Senior or Junior, have completely different workout strategies.

DEED RECORDED 02-19-20198125-18-515-0399438 BLOOMING GROVE AVE8914920140530-1025 - 1ST DOT - $173,302TRASH - LIENS $643SEWER - LIEN $217WATER - LIEN $7179125-05-311-0259108 BLUE RAVEN AVE8914320061206-3865 - 1ST DOT - $225,000NO OTHER LIENS FOUND10162-12-412-0132599 BOLERO AVE8912120140930-2885 - 1ST DOT - $162,469** BID WITH CAUTION **JUNIOR IRS LIEN RECORDED 09-18-2014, 120 DAY REDEMPTION APPLIES $85,09611177-26-610-03310034 CANDLE MAKER ST8918320120718-2177 - 1ST DOT - $230,210TRASH - LIENS $2,21812124-25-513-0676249 CAPEHART FALLS ST8908120101004-3800 - 1ST DOT - $97,648HOA W/NOD - (ASSESSMENT) LIEN RECORDED 06-05-2017 $2,414RELEASE OF SUPER-PRIORITY LIEN RECORDED 10-13-201713190-20-311-0062677 CHATEAU CLERMONT ST8904420161021-2728 - 1ST DOT - $622,200** UNABLE TO INSURE **ACTIVE BANKRUPTCY CASE - NO ORDER LIFTING STAY ENTERED14139-05-815-0714009 COLEMAN ST8903220080312-4060 - 1ST DOT - $278,640HOA W/NOD - (ASSESSMENTS) RECORDED 04-08-2019 $2,42815138-14-412-0326444 DEADWOOD RD8910820061129-1951 - 1ST DOT - $230,192** BID WITH CAUTION **NUISANCE NOTICE AND ORDER TO COMPLY RECORDED 05-15-201416137-12-310-1593451 DESERT CLIFF ST UT 2038912920070329-4987 - 1ST DOT - $164,000** UNABLE TO INSURE **PRIOR HOA FORECLOSURE SALE.

I'm looking to develop the systems to invest in notes--not necessarily be on the Junior end of a Joint Venture.Do any of you have recommendations for how to get started in Note Investing?

They both focus on buying non performing junior notes that are behind performing firsts.