some had minor issues/repairs like a frozen pipe,  leaking pipe, creeking doors, damaged step, and stuff like that.  1 got hit by the recent floods in Indy requiring new furnace and water heater.

they can log if its frozen though.. but not soaking wet..  

I believe many of us, at times, have a tendency to over analyze and find ourselves frozen so I had to get a few other opinions and perspectives before entirely dismissing this property with it's potential.

There is a high probability you might have your money frozen and have to jump through fire hoops to get it released.

Yeah, us landlords do that in between touching hot stoves and licking frozen flagpoles.

The areas by the Gulf have some high insurance premiums that are capping the prices... so not just mortgage rates.It would be interesting to see the distribution of the national numbers on new home starts, if they are clustered in TX.Anyway, I think perhaps with that much general "movement," the housing market in TX (its a massive state anyway), isn't entirely frozen like other markets.

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 #.