While I would love to pay less, based on my discussion with them and what they provide, I was comfortable with that.

They promise to work with you past 6 months or until 3 deals are closed (which you split 50/50) whichever is earlier as long as you do 1,000 mailers per week and attend at least 1 live office hour per week but the 6 months is implied to close 3 deals based on their marketing and conversations. 

And if you become a repeat customer they may do the same for you. 

It's "live" as it updates behind the scene everytime you look at it, since various items might reach their lifetime expectancy and, based on that, should be replaced (obviously, they can fail much sooner, or last much longer than that).Using that spreadsheet I know what how much I should save in capital expense for each property every month, per year, which ones are past their lifetime and due for replacement, and a total for all properties (if all was to fail at the same time).

Real estate generates a return through cash flow + appreciation.It appears that cash flow is negativeAppreciation appears to be 0% over 2-3 years based on zillowThe question is what you beleive the future will hold for cash-flow and appreciation.Cash-flow will likely continue to be negativeThe question is what do you think about the appreciation for the bay area.If the property continues to stay at $850,000, it will likely not be a good decision to hold on to the property.If you think the property can appreciate to $900,000, $950,000 over a few years, then it can potentially be a good reason to hold. 

I know I have other options like selling the notes or partialling, but this question is more focused on taking collateral based loans against the notes.

@Bill RiderTalk to your cpa but the answer appears to be no based on what you provided

Pay the bill yourself, then reimburse yourself by charging the tenants based on a formula.

I purchased the program based on the assumption that the skip tracing would be an integral part of the program.

I've wholesaled 30+ deals in Texas, even though I'm based in Southern California.