It's nice but a scary prospect also.
They (as in the owner) are going to pay for your 200 hrs ME?
Here are some questions for you:
- Is the aircraft insured?
- What does the insurance company require as far as time in type or PIC time in type?
- How well do you know the owners?
- How reliable are they?
- Will they try and force you up whenever they get an itch regardless of weather?
Admire you attitude as far as only wanting to fly VFR initially