If a property runs cash flow negative, you may be able to claim a deduction on your tax return that leads to a tax refund. (moneysense.ca)
To me, even with operations recently turning cash flow negative, there appears to be a decent margin of safety at this price. (longtermvalue.wordpress.com)
The condo was slightly cash flow negative the whole time I owned it, but thankfully I have a good job so I could cover it. (financialsamurai.com)