Buying negative cash-flow property. Can you write off expenses?

[Artur A.]

Price	335000
Downpayment 20%	67000
Closing costs	9263
Principal	15696
Interest 4.125%
Prop management (10%)	4005
Insurance	1783
Taxes (County - 0.95%)	3868
Maintenance (10%)	2520
Vacancy (5%)	1260
Rent Annual ( Rentometer)	25200
Operating income:	-5000
Year	1978
Schools	8,8,4,8

Would you recommend buying a property with negative cash flow? -8-10k

I don't want to pay 10k from my pocket within next 5-10 years before it will start break even (even if it appreciate would be 25%, in cash - 90k)

Is it possible to write off/return 100% of expenses from investment property? (or only 30%)

Thanks