Potato Chip wrote:

My main issue is probably with the high airframe time. I hope to build
time and experience in this plane and then probably sell in 3 to 5
years. The engine will reach its overhaul time in probably another 4
years, about when I want to sell it. It will then have 10,600 hours at
that point, which will have exceeded the 5 figure TTSN number
threshold, which might have a psychological effect for resale.

I appreciate any thoughts you might share!

OK, here are a couple.

- All the issues you mention can be compensated by a suitable price adjustment.

- when you are ready to sell in 3-5 years, your buyers are going to be having
the same reservations that you are having now. That might be enough for me to
give it a pass right there. On the other hand, if I planned to keep it for a
while, it might be OK. IOW, this plane is more attractive to someone who plans
to keep it for a while.

- a leased airplane can be profitable, or can be a miserable experience. A lot
depends on the provisions of the lease contract. Who pays for what? What are you
promising to provide? What's your personal access to the plane? Who pays for
insurance? What is covered by the insurance? Who does the maintenance? Who
decides what maintenance is to be done? If maint is to be done by the lessee and
paid for by the lessor, what's the shop rate? Who can terminate the lease and
under what terms? Who does scheduling? Who decides which pilots are approved?
.... and on and on. Read carefully and remember everything is negotiable. Think
about your personal tolerance for having other people use and abuse your property.