Large 4bed/2bath for $12,500 compete with frozen pipes, destroyed hardwood floors etc etc.

Vandalism, frozen pipes etc...

The difference is I knew that if I did nothing and remained frozen in fear, I would fail.

I've limited my criteria  to markets without regular hurricanes and tornadoes, floods, earthquakes, wildfires,  snow/ice/frozen pipes and reasonable LL-tenant laws. 

For example in 2001, as the events of September 11th happened and the world stood still, I was completing a home I had been building for the previous 15 months.Just as the air traffic was frozen, so was the real estate market and, as a result, I couldn’t sell my primary residence which would have enabled us to have the needed down payment to purchase our new home.

@Jordan Moorhead it would not be a rental, strictly for my wife and I.My wife keeps a calendar with our times “up north” and we average 45 weekends a year for the past 5 years.And I understand people not getting the cabin thing for us up north, but we also drive cars on frozen lakes!

Be ready for the frozen bag of peas on the thermostat to crank the heat.

I don't meet lending requirements so money seems to be frozen.

I want a multi family investment property but there are so many options/roads I can take that I’m frozen.

In certain corporate formats (not sole props or LLC's) it is possible to leave a business registered but mothballed and hold a "frozen" 401(k), but that is a rare exception and certainly not something we would encourage someone to pursue with intention.