cost of ownership

The Weiss Family wrote:

and if you do not want any costs, lease it back to a flight school, chances
are it will rent enough that it covers all your costs.

If you do a lease-back, what type of insurance must you carry?

Just a quick warning -- I think I've read one, maybe two postings from
people who had good or neutral experiences with lease-backs. All of the
others have described it as a trip to hell and back.

If you have to book the plane whenever you want to use it, and might find
that it's already booked by someone else, where are the benefits of owning?


All the best,


David