It would be premature to do so and would cost you a stop payment fee.

Hi Jarvis I know it is a bit premature be the purpose of this post was to get as much insight as possible before the deal.

While there is some truth to what's being said regarding homes being torn down at what appears to be a rather pre-mature time, especially in comparison to North American homes which may be in use well over 100 years, a lot of the information contained is reflective of theory - derived from a predetermined "depreciation" formula established by the government, in essence, to keep the economy humming.The basic formula was determined by taking the age of all the homes that had been razed, and averaging out their age.

IMO, this just forces people our prematurely and any potential gains are washed out with an empty unit for a month or two.And lastly, if you are managing yourself, learn how to fix things. 

Ignorance can be a very dangerous thing - second only to thinking you know more than you really do and pulling the trigger prematurely.

Here is the property backgroundProperty - pair of 8 unit brick buildings (16 units total)  Purchase price $490,00014 two bedroom, 2 one bedroom, one coin-op washer and dryer per buildingNeeded - Roof (and 92 sheets of plywood) as well as properly running ducts from the stove to prevent premature failure of roof again ($40,000)Needed - Landscaping to properly grade around buildings to prevent future water damage and to remove two unsightly mounds of dirt left by previous owner (to come into compliance with the city) ($3700)Bummer - washing machine was working great, and the bearing went out.  

Quitting your day job might be premature.

Our 14 year old NG generator has been a life saver with the longest loss of power being 5 days in the middle of winter.I also notice a lot of installed units simply pump the water out against the building so the pump is constantly running as that water seeps back into sump tank burning out the cheaper motors prematurely.

This agreement may be prematurely abrogated and invalidated by a newer contract with similar effect or may be terminated by mutual agreement of the parties at any time.

I've started an LLC, maybe prematurely, thinking I'd be able to somehow keep a mortgaged rental in it to shield my personal assets.