OK, i can now reproduce the issue and also work around it
Steps for me to reproduce the issue :
- Open VS
- Connect iPhone (so it shows an available local device)
- Build project
- Debug to iPhone (Succeeds)
- Stop debugging
- Modify .csproj file in any way (e.g. just add some whitespace in) and save
- Debug to iPhone (don't explicitly build)
- Error about password appears.
- Build the project
- Debug to iPhone (Succeeds)
So the main issue seems to be if the csproj file changes in some way but you don't build the project, the error appears until you do another build.