pplh: If you're looking at a leaseback as a way of making money then I'd suggest you invest your money elsewhere and SFH when you want to fly.
If you use the helicopter for business purposes and want the leaseback as a way of helping cover some of the yearly running costs then (in my experience), it helps.
Talk to the school about their insurance cover for overspeeds etc and who is liable. I think you will find that different schools have different policies largely based on their previous claim history. Also check what each student / SFHer signs as this may mean that they are liable for certain costs.
Also remember that once you leaseback you can't view the helicopter as yours. It will get muddy footprints. Your checklist will go missing if you leave it in the aircraft. There's no point in putting a full Bose system in. etc etc.
And remember that (sadly), people avoid the truth. I collected a 44 for maintenance from France last year. The fan was slightly offset on the spline so I called the UK to get them to ask the owner if the machine had been oversped on startup. Answer no, it's crept on the spline over time. After I'd crossed the channel in it (no floats) and the engineers had looked at it they called the owner again. Suddenly he remembered that it might have been oversped. Someone using your machine may suffer the same bouts of amnesia!!
