Having part owned three different aircraft over several years, the first of which was for hour building to 'save' money. If my experience is anything to go by I can tell you that the chances are that share ownership for hour building will not save you any money. You won't believe just how much money these things require and they do frequently go wrong and require expensive attention. The other problem is sometimes the labour and parts cost is not so much, but the aircraft can still be out of action for several weeks whilst the globe is scoured for an elusive part. If any major work is required this could become months.
All it takes is for one group member to overrun and your training has stalled for months, if not years in one case I know about.
As previously mentioned, selling a share is not something that is likely to happen in weeks. Plan on a few months of showing the aircraft to timewasters before a serious punter appears.
I reccommend finding a good place to hire something interesting instead.
Last edited by Sciolistes; 18th Aug 2008 at 15:19.