cathanas wrote:

I fear I am searching for the
"Holy Grail", but can a person purchase a trainer (Cessna152 or maybe
a Piper 140), low engine time and in good shape, and hope to negotiate
a lease-back deal with a flight school in order to minimize the out-of
pocket expense of building time?

Not really. It's possible to lease back an aircraft and make money at it, if you
treat it like the business that it is. If you try to make a little money off an
aircraft AND try to keep it as your private ride at the same time, you're asking
for trouble. For one thing, you become just another renter of your own plane. If
you aren't a good businessman, you can lose your shirt at the same time.


George Patterson
God grant me the senility to forget the people I never liked anyway, the
good fortune to run into the ones I like, and the eyesight to tell the
difference.