A recent report released by International Living www.internationalliving.com states that Mexico is the number one destination for American retirees and investors who are aquiring a retirement home or a rental property outside the US.  According to the report, Mexico is favorite because it's proximity to the US and because of it's competitive second home pricing in beach properties compared to Miami, San Diego and Los Angeles.  Second among the chosen destinations is Ecuador and Panama.   The report goes on to say that in the northern Mexico Rocky Point area, 50,000 second homes will be sold in 2008 at an average price of $350,000.  The rate of growth in Mexican resort areas is approaching 50% a year...  Good place to invest, or better yet retire.