buying my first airplane? Better hurry because Monday we have the
prebuy inspection to go thru. If that goes well then probably by the end
of next week I'll be an airplane owner (co-owner actually). I have
really gotten a lot out of this and the Mooney owners news and email
groups. It appears that we have found a clean '79 M20J for a decent
price. I am paying more then I originally bugeted but welcome to
aviation right? I figure that I would take the plunge in a plane that I
can use for a while with out feeling like I need to upgrade right away.
I have a feeling that that is what would happen if I would have bought a
152 or Warrior. The Mooney can hold 4 people and cruise at 150 knots on
10 gph. I think that will satify me for a while anyway. Anyone have
any regrets about airplane ownership they care to share?

Jon Kraus
PP-ASEL-IA
Student Mooney purchaser