Too much insulation on the wrong side of the pipe can make them more likely to freeze.

There are always unforeseen possibilities that can effect the real estate market in very negative ways, such as the impeachment of Donald Trump or a true 50% crash in the stock market, a global corporate credit freeze or a Zombie apocalypse.That's my 2 cents.

Also, pipes outside of the envelope or too close to the exterior have been an issue a few times as they end up freezing eventually. 

Freezing inside the windows happened all over the city and was on the news. 

This is important so hose bibb can be shut-off during freezing weather to prevent pipes bursting.

Tenant must transfer utilities to Tenant's account within 5 days (otherwise, Tenant will freeze in the dark).Furniture: The SFH is unfurnished, except as stated above.Ideal Rental Property: Clean interior and exterior.  

He never had this freeze out happen before?  

What if the pipes freeze before they get a chance to do so?  

@Tim KaminskiIt depends on the specific terms but normally a bank can freeze meaning not let you borrow any more even if they had agreed to more before.

I'm in a colder climate so insulation for water pipes under the home is always a concern as they tend to freeze easier.