Thinking about an aircraft partnership

I've seen the ad for that same airplane at Exec! I also own an F model
Mooney and have a pretty good idea of the costs. Those numbers sounded
really low to me and I have a note in my PDA to call those guys and ask
some questions. The only way I can see that working is if they somehow
are able to do most of the maintenance themselves. There is a guy at
exec that has been very good at leting owners help out but just like
all other A&Ps, that only lasts until the first accident happens and
the FSDO calls him to the carpet for not supervising enough.

I keep my Mooney in Cameron Park and my partner and I have been looking
into selling a 1/3 share. We charge ourselves $45/hr dry which includes
an engine prop reserve and about $160/month (which would reduce). We
have outside tie down. Insurace is about $1600/yr and not included in
the previous numbers (we pay out of pocket) but would go up about
$1000/yr with a pilot w/o Mooney time.

-Robert, CFI
916 984 3448