Originally Posted by Michael_Hardy
I don't have a partner but and kicking the idea of putting it in the local flight school as a leaseback....I'm just worried about some student breaking something! I'm still on the fence.


Gary Shreve probably can get you off the fence. He had a 152 that he leased to a flight school and a student crashed it. He came out OK with the insurance money, but there are other factors to consider. Gary is an A&P/IA and he did all the maintenance work on that plane. If you have to pay a mechanic to do maintenance work, you probably won't net much from the leaseback.

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