Cotton inherits $10,000 from the will of his friend Topsy, and goes to Mexico, with Bill in tow, to buy a timeshare. Feeling lonely after the death of his friend, Cotton gets suckered in by tales of the timeshare development's owner, O'Kelly, and decides to buy -- even though Americans cannot own land in Mexico. Meanwhile, Peggy, Bobby and Dale search for a pool to swim in.

Notes:

Tagline: "Just pour it in the snorkel! Pour it!" (Bill)
In the script, the Peggy/Bobby/Dale subplot ends with them getting locked into the high school gymnasium. The scene was cut for lack of time.