The AVI 8-bit and 10-bit were having the same issue even after I hooked up a RAID 0 HDD setup. So I rolled back the firmware to what was on the CD/DVD and everything is working amazingly now. I knew it wasn’t a performance issue but it’s a weird thing for the newer firmware to do this.
If someone at BlackMagic Design could take note of this flaw my motherboard is the Gigabyte x58a-UD3r Revision 2 which meets all specifications set forth and works great on the older firmware. Currently running Black Media Express 2.1.1