As many of you know, Thom and I recently returned from a trip to Ajijic, Mexico. Like every place we travel and enjoy we tend to end up looking at local real estate. Sure we have a background in the business, but in this day and age I believe lots of people have toyed with the possibility after watching television shows like House Hunters, International. Who doesn’t dream now and then at living somewhere exotic, in a unique and special property? This visit we seriously considered buying a Bed & Breakfast Inn attached to the apartment where we stayed. Not only was the property for sale, it is located in a great location, is in excellent condition, has great income potential and plenty of romance to make the purchase intriguing. We even contemplated converting it to co-housing where we live part time with a bunch of fun-likeminded people. And with our background, we know we could figure out how to buy it if we set our minds to the task. But the thing is, just because you can do something, doesn’t mean you should. [Read more…]