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Re: Montecristo Villa 8

RCI has disappointing places to trade for in our opinion. I hope they get better. Meantime we see no value in renewing our $250 menbership fee for less than desirable destinations. As it relates to Dirk Myer and company --many misrepresentation by the sales staff at Montecristo Estates. The golf courses were "over hyped" at the time we purchased in May, 2005. None of this has come to fruition to date. Only now are we hearing about the construction getting underway and new homes being built. The rental proscpects have been dim using Redweek- I am sorry to report. I had to give away my Villa for 1 week last may at $200 a night. You cannot even rent a decent room anywhere for that amount , much less this fabulous piece of property called Montecristo Estates. Too much over building in Cabo with many 6 star properties for us to compete against. We love the Villa we own, but get a little tired of all the hype out of sales crew at Pueblo Bonito. Just a final on Maintainence fees. High but we knew this going into the deal. The biggest problem is the prospect of renting our units at a reasonable rental rate for the time we do not want to occupy. It's almost an impossible task. We own 2 weeks but only prefer one week in Cabo. DECENT RENTAL INCOME ON THIS INVESTMENT IS A "PIPE DREAM" TODAY. Mark & Marilyn Granby Villa # 11 Own May 15-31st each year.