Advice on buying a 152?

Dave Butler wrote
True but disingenuous. You are highly unlikely to get favorable
terms.

I don't take kindly to being called disingenuous. Let's elevate this discussion
above name-calling, OK? You've made a lot of valuable contributions to this
group, Michael, but calling people disingenuous because they don't agree with
your position is not a positive contribution.

Point taken, and I apologize. However, I still don't agree that it is
possible for the owner of a single airplane to get favorable leaseback
terms from an FBO, especially a first time buyer. The only people
I've ever heard claim otherwise were those who benefit by leasebacks
and those who haven't tried but believe it can be done. If you have a
specific counterexample, I would love to hear about it.

I stand by my position. You're not likely to get favorable terms if you just
accept the terms that are offered. You're free to negotiate any terms you like.
If you don't get what you want, you are free to walk away.

Doesn't quite work that way. Nobody will sign a leaseback contract
with you for an airplane you don't own. Once you've invested the
capital, you are indeed free to walk away - but you've already
invested the capital.

The reality is that there isn't much (if any) money to be made in
airplane rental.

Quite true.

Then what makes you believe a leaseback can work? If there isn't
money to be made there, then how are you to make money there?

Untrue. The only experience in aircraft ownership you will gain is
the experience of writing checks.

...and this is based on your experience of -no- leasebacks?

No, it's based on the experience of my friends who tried.
It's like that root canal thing.

And what is your experience with leasebacks?

Michael