Hello Alex
Only thing to add to a partner/co owner is to have a cut and dried divorce clause If either wants out or wants the other out this is what happens....
Peter
From: A. Censor <acensor@fastmail.fm>
To: Sport_Aircraft@yahoogroups.com
Sent: Tuesday, March 26, 2013 3:38 AM
Subject: Light-Sport Aircraft Yahoo group Re: DFW Area - Newbie
I have to echo what W Jones said:
Sport Pilot may be a great way to go.
I got my sport pilot license two years ago,
and the benefits of doing that for me far outweigh the limitations on me as a sport pilot.
I don't regret not going for the private pilot.
(Personally, the only limitation that I kinda wish I didn't have -- is one that's deeply embedded in the LSA/sport-pilot concept --
is that I can never fly a four seater, even though I'm capable of doing so safely.
That rules our ever buying, or even renting, a four seater and taking my wife AND a guest flying at the same time.)
As Jones implies, if you aren't lucky enough to live near the _very_ few FBOs that have LSAs or LSA-legal aircraft for rent or a flying club that has one,
if you get your sport pilot license and aren't in the position to buy your own aircraft,
you would find you had invested thousands of dollars, much effort and time, in a useless plastic card.
In short, if you're not prepared to buy or build and LSA, check carefully what the LSA rental options around you are.
Just because a flight school has an LSA available for training they won't necessarily rent one to you after you're licensed.
Also, if you do decide to buy an LSA you might consider trying to find a compatible co-buyer/owner or buy into an existing one.
I advertised on Barnstormers (Posting notes on the local airport bulletin boards can work too) and found a local guy who was completely compatible with me and we purchased and LSA together.
It's great because everything costs half as much (hangers, new instruments, whatever) and we have two sets of eyes and two brains
to apply to maintenance and safety issues.
HTH.
Alex
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