Hi,
A limited company is no guarantee that they won't come after you.
But nuff said about that.
I was just going to raise the point that the much maligned PFA has some useful information on its website and that a click
here will help you finding out more information.
There are as many different set up of syndicates as there are groups.
The most important thing is that you find likeminded people who are interested in setting up together with you. The choice of aeroplane is the least important one because, when you get on that will emerge automatically.
Have fun.
FD