Plus, the most popular investment destination, Medellin, isn't by the beach.Many people still think about Pablo Escobar and the drug wars, as well as the FARC guerrilla when they think about Colombia.

Going over to the Tamaulipas state might be tricky given how rough it is, but it's got great location, and if we ever get a more common sense drug policy, and things calm down there, it'll be worth much more.  

What do you do if, for example, the government or local drug cartel decides that it no longer wants foreigners investing in Real Estate and seizes the property or starts extorting fees and bribes?

I'd love to know what kind of drugs these people are on who not only take demo debris for free, but they even come pick it up.

There are drug problems up there.

For example, if you have fire, drug crimes, murder, etc. in your apartment building, it can bring the whole property down. 

BUT I know she went to prison for several years with drug charges.

You don't ever want to accept a renter and then let them move in an unknown person because that's how many renters will sneak in their sex-offender boyfriend or drug-dealing cousin.

I'm also finding that trades are declining smaller priced jobs which take away the opportunity for higher priced ones; in this case, let them know that you have multiple properties so a small job today is worth doing for future business from you.I never thought I would have to offer this but please don't do what a former client of mine did and hire drug addicts to do the work (and that's why they are now a former client); it pays to have the job done right while affiliating yourself with people who don't make you look over your shoulder after they leave. 

Potentially we have another 4 years after that, where if those policies don't change and we have several million more immigrants and they will need someplace to live...again case for multifamily and mobile homes.....and if we teach all the immigrants coming here to be great consumers like the rest of us already here...that probably is a good storm for warehouses too if we can get them to sign up for Amazon accounts.Maybe a third asset class on both fronts is biomedical research space.....drug/medical device companies even during the downturn seem to do well and they need a place to do their research.