I do have the trigger reversed on the IOLInk, i will try your suggestion to see if that makes a difference. For what it's worth, I also have a IOLinc on my garage with the same configuration that works nearly perfectly. I get a sensor statis update as soon as the garage door starts to open.
EDIT:
I haven't quite mastered reading the Event viewer but if it's helpful, here is a capture.
Sat 11/14/2015 08:08:33 PM : [iNST-TX-I1 ] 02 62 2B 7F E1 0F 11 02 Sat 11/14/2015 08:08:33 PM : [iNST-ACK ] 02 62 2B.7F.E1 0F 11 02 06 LTONRR (02) Sat 11/14/2015 08:08:33 PM : [iNST-SRX ] 02 50 2B.7F.E1 2F.B7.18 27 11 02 LTONRR (02) Sat 11/14/2015 08:08:33 PM : [std-Direct Ack] 2B.7F.E1-->ISY/PLM Group=0, Max Hops=3, Hops Left=1 Sat 11/14/2015 08:08:33 PM : [D2D EVENT ] Event [2B 7F E1 2] [sT] [255] uom=0 prec=-1 Sat 11/14/2015 08:08:33 PM : [ 2B 7F E1 2] ST 255 Sat 11/14/2015 08:08:33 PM : [iNST-SRX ] 02 50 2B.7F.E1 00.00.01 C7 11 00 LTONRR (00) Sat 11/14/2015 08:08:33 PM : [std-Group ] 2B.7F.E1-->Group=1, Max Hops=3, Hops Left=1 Sat 11/14/2015 08:08:33 PM : [D2D EVENT ] Event [2B 7F E1 1] [DON] [0] uom=0 prec=-1 Sat 11/14/2015 08:08:33 PM : [ 2B 7F E1 1] DON 0 Sat 11/14/2015 08:08:33 PM : [D2D EVENT ] Event [2B AA 37 5] [sT] [255] uom=0 prec=-1 Sat 11/14/2015 08:08:33 PM : [ 2B AA 37 5] ST 255 Sat 11/14/2015 08:08:33 PM : [iNST-SRX ] 02 50 2B.7F.E1 11.01.01 C7 06 00 (00) Sat 11/14/2015 08:08:33 PM : [std-Group ] 2B.7F.E1-->11.01.01, Max Hops=3, Hops Left=1 Sat 11/14/2015 08:08:33 PM : [iNST-INFO ] Previous message ignored.