> Crusty said:
>
> >Pump another million into renovations, rebuild the
> restaurant, fix the
> pier, and put ventura in charge of the dive op and you've got
> a viable contender. The basic hotel has good bones.<
>
> What about foreign ownership near 'the shores' though?
> Haven't kept up with that part of Mexican law recently.
>
> M
>
>
You still have to go thru a fideo (trust) and a bank but it is doable.
Another way to do it is to set up a Mexican corporation (which can own
the property - just cannot be incorporated for that sole purpose.)
CH