Purchase a Info on Purchasing a Plane and Leasing Back to a School

I'm training to get my pilots certificate and doing pretty well so far. I'
ve posted a couple of times in this newsgroup in the past few weeks and I've
received some very good advice. Therefore I thought I'd throw another
question at you.



I'll be commuting with my license. Flying form my home on Sundays and
returning the following Thursday or Friday evening. All of course is
dependent on weather conditions. I expect to purchase a plane in the near
future for this purpose.



I've had a couple people tell me a good way to go is to purchase a plane
then lease it back to a willing flight school or club. I'm not sure what
this entails, but I'd like to know if anyone has done this, what it entails
and if you'd do it again. As I mentioned, the plane will be in one place
during the week and another on weekends. I suspect it'll get more use on
weekends, but I'm not sure.



If anyone has any experience in this area please give me the plusses and
minuses of such a situation. I haven't been in touch with any schools or
clubs and in fact I don't even own a plane yet, but I'm looking at my
options.



Thanks in advance.



pjbphd




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