Should i buy a property that negatively cash flows?

I don't mean to be negative, but would like to be realistic.

What are the negatives?

You might be referring to income / expenses that are reflected by cash.Cash you receive from rentsExpenses that you pay out such as insurance, interest, taxes, etc.You may not have included depreciation expense which would bring your taxable income down further.It may be possible that the negative taxable income would bring your taxable income down.

Perhaps he runs negative cash flow while repaying the purchase loan or there is something I missed so my math didn't add up properly.  

It can't be too strong cash flow if replacing some appliances put you into negative cash flow (I assume you meant deficit, and truly didn't mean defecate).

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Eventually we upped the budget to get something we would absolutely love even if it was slightly cash flow negative.

If the net cashflow is negative, it's treated like a debt/liability for DTI.

This creates a negative initial position.