Non resident of NC with a rental property

Yes,  if that is your only income in North Carolina. The information that shows should agree with the overall profit/loss you have for your rental property.

@tsm55

It is the only income for NC, however in the Federal Income Column for Rental/Royalty Income (Loss) in the NC State Return Turbotax carried over $0 and I am not sure if I would have to change that or not (I completed my Federal income tax already and entered the information for the NC rental property which included income and expenses 

No - Do not change the $0 that TurboTax carried over from your federal return.  To be on the safe side, go ahead and prepare the NC nonresident return even though it shows no net income.  

The North Carolina Individual Income Tax Instructions state that you need to file a NC return if  "your total gross income from all sources both inside and outside of North Carolina exceeds the amount in the Filing Requirements Chart on Page 6 for your filing status.

Why should we enter $0 when in the Federal tax filing there is actual loss? Shouldn't it be a negative value for the property?

As indicated in your other question, some state do not allow a loss in one category of income to reduce income in another category of income. This essentially means you cannot carryover any loss to another year unlike the federal return. 

In your case, you are not a resident and only the North Carolina (NC) income matters on your return. 

@caoyidebby