Rgrmstd wrote in message ...
I have talked to the
school about getting involved in the leaseback program. They are
encouraging that ...

You should understand that a leaseback arrangement is a win-only
situation for the lessee (i.e. the school). They pay the lessor only
for the time the school actually uses the plane (for which they're
collecting from someone else). They have no expense burden or risk of
loss, only the lessor does. Essentially, they collect from their
student and give the lessor a "cut" of the "take". For the school,
it's like having a free airplane. Naturally, they're going to
encourage it.

I'm not saying that's a bad thing. I'm not saying that because the
school can only win, the owner can only lose. But, only the owner of
a plane put on leaseback bears a substantial risk of loss.

The best tool to use for determining your potential for success (or
loss) entering into a leaseback situation is a leaseback spreadsheet.
Use a search engine to find a suitable one on the web. If you're an
AOPA member, use their aircraft cost of operating calculator to help
figure out some of the amounts. Generally, there's an identifyable
break-even point. If you can be assured that the plane will be rented
more than the break-even amount of hours, you're golden!