Aircraft Partnership

[BFMF]

I was browsing on craigslist late saturday night,well under the influence of Ambien, I spotted an ad by someone who is moving and wants to sell is 1/4 of share of the aircraft partnership.


I'm not too familiar with aircraft partnerships at all. I was hoping that some pilots hanging out here would have an opinion or two.

With my limited knowledge of this aircraft, and without seeing it and flying it, it doesn't seem too bad. I do have questions and concerns regarding an STC for autogas. I am not familiar with it. Is it compatible with Avgas?


Even so, I hesitate and should probably pass this opportunity


This is his reply, though I have ommitted names for privacy
[quote]
Greetings Andrew, thanks for the inquiry.

[DaveSims]

1.  An autogas STC is simply a piece of paper that allows you to run regular car gas in the engine, instead of avgas.  You can still run avgas if you want.   There are other issues between autogas vs. avgas, but it can be done.

2.  Partnerships can be tricky.  As long as all members get along and all contribute as they should, they can work.  However many partnerships fail because one member becomes a dead beat and doesn't pay their share, or one member uses the plane 90% of the time, but still expects to only pay 25% of the operating expenses.

3.  I would be leery of anything on craigslist.  It is not a usual place for aviation related products.