Three partners (not necessarily your friends) on a 152 is about $9K each -
hopefully, that leaves a little $$$$ left over for unexpected costs.

Fixed costs will now be split 3 ways ...(hangar???)

If a family wants/needs a decent 3/4 ton 4x4 pickup truck, they go out and
buy one - $20K used. They don't even consider leasing it back to Home Depot
or U-Haul.

--
Montblack


("cathanas" wrote)
snip
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?