C185 star-annual costs?
I'm considering buying a share in a 1979 C185. First time I'm considering owning a piece of an a/c so it is quite stressful. The aircraft in question is in reasonable condition but there are two items that worry me somewhat:
Last year it had some corrosion cleaned from inside the wing. Is this something you expect from a 30 year old a/c or once started can only get worse until the wing is written off?
The second problem is that the CofA renewal is due later this year. I'm sure these can vary widely but from others experiences how much do these usually cost, assuming that nothing too large (i.e. engine, prop, wings) needs replacing?
Thanks all for the help.
Mak