Such a situation is recoverable if there is enough time for a market recovery and the cash flow is at least break-even (or there is enough reserve cash to cover negative cash flow until it can turn positive). 

Hi Randall-Congratulations on buying a rental property well back in 2020.I am sorry to hear the property is now cashflow negative $200 a month.Your question is should you sell or continue to keep it with the negative cashflow.Depends on your personal goals and if being negative $200 a month plus any unexpected repairs or vacancies is affordable to you, but if you can solve the negative cashflow by turning the property into a furnished mid-term rental, for example, your future self may thank you.To Your Success!

Even if my cash flow is negative while I live there, I will still be enjoying all the long-term benefits of owning real estate and my living costs will be cheaper than renting if I choose the right deal/property.I appreciate the insight!

I am discouraged but by no means stopped by my negative experience with Jerryll Noordan.

Moreover, the government has made it very clear that it wants to attract foreign investment and a measure like that would be totally counter-productive and downright dangerous and negative for the country and it's the economy.

Most that have negative feedback about the product are not educated about it.

Since I only own one property (duplex), I've been the property manager.

I had only 2 enquiries till now and both did not go any further.I am told this time of the year is slow but is it so slow that I only have 2 enquiries in two months? 

You're likely cashflow negative for the first few years. 

I haven't eliminated the abilit to use quarters, but I only need to empty the machines 2-3 times a year.