Just remember: most negative reviews are written by problematic tenants.

There are great people in both roles who are totally awesome and the negativity you hear about Wholesalers does not apply.

We are in the DC area and I have never heard negative comments about them. 

rental 1 - 2k overall after depreciation, expensesrental 2 - 10krental 3 - NEGATIVE 15k Overal rental loss/profit for year (after depreciation, expense, etc) for the 3 rentals is NEGATIVE 3k that cant be written off, but carried over since +150kOr is it ex. 2Rental 1 - 2k and Rental 2 - 10k are added for 12k.

Why is the 50% rule so negative while the cash flow is positive?

Are they going to flag it as a statistical abnormality and send investigators after you?

Positive and negative forces will cancel each other out to some extent. 

Would this large amount not negate any potential savings you would have over the course of the next few years?

Quote from @Nathan Gesner:Even on a property with negative income for a year and has been on the market for more than 90days?

Thats with my cheap subs and me paying them cash using a GC this would be a $70k rehab and negative equity.