The issue on their end was the worry of frozen pipes.

Miss Karen, would you please clarify for me if you mean flooded as in "in a flood plain, damaged by water originating from outside the home such as from a body of water" or flooded as in "sewer or septic back flow, frozen or damaged pipes, or other source originating from the plumbing or drainage system of the home"?

We had a lot of water here recently while the ground was still frozen, and all the rain melted the snow as well, creating flood areas. 

Notice the frozen water on the ground in Jim's pic... oh the horror!   

The lady was very upset because she had left a frozen pizza cooking in the oven and didn't want it to burn.  

There may be frozen pipes if there are turning in utilities could cause further damage at this time.

The reason we bought those was because it was one of the best buying sessions in history.. and lending was frozen by and large..  

When the brokerage receives notice of my death, my accounts will be frozen until the probate court tells it what to do with the money.

IE theft, frozen pipes, damage etc...Higher turnover costs than apartmentsResidential mortgage amount is capped at 10 per personMulti Family ProsA few vacancies are easily carried by the other occupied unitBuilding always has people inside of it which keeps it safer from theft, damage, vandalism etc...Built to produce incomeFinancing amount is essentially unlimitedCheaper unit turnoversMulti Family ConsHigher barrier to entry (expensive)Tenants live on top of each other (you now need to be the referee)Tenants are more transientSmaller buyer pool when you are ready to sell  

If the account does not have sufficient funds or is indeed frozen, document this.