The bank account may be temporarily frozen at the time of your death or by court order, especially if federal levies the estate tax and sufficient funds are paid for IRS taxes.

What if the lender has all of their funds frozen because the SEC has determined they are money laundering?

That way funds aren’t frozen in probate.  

My banker comrade said, that we could open the checking account for my international friend, but the funds that would be coming to the checking account (even from a domestic wire transfer) would get frozen and it will take forever to unfreeze them.To open a bank account under LLC or Corp's name where the foreigner is the owner of the business, one will need to have a tax id #.

If the property isn't flooded, frozen, burning, or housing someone dead, we usually don't need to know about it until business hours the next day.

Claiming they just use a HELOC or CC as reserves and if something goes wrong they will just use those credit lines (ignoring that credit lines can be frozen). 

@Caleb Richardson the panhandle, forgotten coast has intrigued me for a while, like many a frozen northeast investor.

I’ve had some minor issues here and there, your average leaky faucet, running toilet type of situations but the only real catastrophe I’ve had in the past 3 years happened on the other side of the duplex I house hack and it was a frozen pipe that burst on the coldest night of the winter this past year.

If you pay your mortgage and taxes and furnishings and Linens and  utilities and insurance and maintenance and commission on credit card fee and everything else, someone taking 30% of the gross is reducing your net beyond belief. when you are frozen or motivated by fear or lack of understanding, you are completely on the wrong path.

Also, during the last crash a lot of peoples HELOCs got frozen, and then you are forced to pay off the remaining balance within a certain number of years.