Brighton Bank is where my MLO license is at.

If there is any kind of damage to the house because of a natural cause if you approach the insurance company without a landlord's insurance they will outright deny your claim.If you have a mortgage the bank will insist that you have landlord insuranceTenant has renter's insurance.

That's tough to do, even in California.Even if you borrow the equity from your current property, the bank doesn't give you that money for free.

It’s a one-time cost, easy to maintain, and shows you’re thoughtful about providing convenience for your guests without breaking the bank.

Belize is known for it's Banking and Offshore capabilities but, like most places that are "$ havens" the regular population is usually very poor.

It would seem the only contact they are able to make is between their bank and my credit card.Any insight or advice would be greatly appreciated  

For the most part all you do is monitor your bank account.  

The tenant pays a monthly premium and keeps an active bank account and credit card on file.

As far as the sale of a property with a mortgage on it, that all gets sorted out at close. ie, you bring your money, the bank gets what they have coming, the realtor gets what they have coming (if there's one involved) and the seller gets the rest.

Your money is guaranteed by the bank.