If there was a Fire, Windstorm, Etc. that is covered by the policy and it results in a loss of Rental income, that coverage would be triggered. 

If there are some loan outstanding, the death benefit will be reduced by the loans amount.Loans from the policy are tax free.Interests paid to an inside policy loan are not tax deductible, however the interests for a third party loan secured by the cash value may be tax deductible.A lapse of the policy will trigger a taxable event.

I have explored this idea in the Caribbean and South America a few times and never pulled the trigger as it was too much headache. 

I had a call yesterday with a rep that made me feel confident, but not quite ready to pull the trigger just yet until getting more verified reviews of their track record of returns and service.

The Closing Disclosure fees cannot be higher than an initial Loan Estimate, otherwise this will trigger a cost to cure and the lender must take the hit. 

Someone who I respect (from @Sharon Vornholt's Probate Investing Simplified program) is a Rhino member and one of the reasons I gave that group the credibility to start checking it out.I still have not decided to pull the trigger, but do understand that $50 can be a lot of money if you don't get a return and $5000 can be nothing if you get a great return.

They will tell you whether this will trigger the "due on sale" clause.

I'm finally looking to get out of analysis paralysis and pull the trigger on my REI journey and i want to start out as a co-host on AirBNB to learn the ropes from someone more experienced, learn enough to where I feel comfortable to host my own and earn a few dollars in the process.The only issue I have is that I have no experience as a co-host and per AirBNB's standard, i currently do not qualify as a Co-Host.

The renovation will trigger upgrades to the systems. 

I am still probably a year or two away from getting this fully started but rather know as soon as possible the amount of ways I can get screwed with my pants on before I actually pull the trigger. lol