The negative cash flow would not bother me if there was good evidence that it would improve.  

It might even be worth reaching out to them as a heads up and then you have that evidence in your back pocket if anyone tries to tell you 29+ days aren’t allowed. 

Do your research, get the evidence you need to create the confidence to get a deal under contract, and learn to become the best at that one thing.

Could you please elaborate or do you have any evidence to back this up?

(Side note: has anyone been able to get around that 2 year requirement).I'm looking for some anecdotal evidence on how realistic is my goal of 10 units in 3 years and 50 units in 10 years.

There is a good case to be made for the midwest, as evident by the many posts:- plenty of fresh water, no droughts- no hurricanes, no tornandos in the upper half- no fires or smoke- no danger of rising sea levels- no earth quakes- lower cost of living- lower cost of real estate- landlord friendly- underdog, the midwest is better then the reputation it got in the 1970s and 1980sMy portfolio is in Milwaukee and I feel I got lucky.

I think this shows evidence of the later, and with that I bid you adieu. 

Some contracts Are done for “cost plus a fee”.....in those cases yes, the client paying for the project certainly expects to see evidence of “costs”.If you truly did “not make any profit” and “broke even” then what is the conflict.  

I can tell you from anecdotal evidence from branch management, there are at least several other landlords that have a similar system set up at my banking institution.Bank-to-bank WITHDRAWALS from my accounts are not allowed unless the bank account receiving the funds is "officially" linked to mine, which is something I would have to set up with the bank by filling out paperwork at a branch. 

I hope you feel better soon and I hope cooler heads prevail on other threads in this community.....We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.Preamble to the Declaration of IndependenceYou say they got it wrong Chris....