Hi all,
I flew with my dad in his 1969 M20C for years. He passed on and so did the plane to another owner. Now it's years later. I've kids in 3 states and would love a Mooney to go visit. ( dad wrote alot of performance charts for Mooney in Kerrville ). So I'm partial. My budget to purchase is 70K. Annual costs I have at 25,000.00 ( minus big fixes ). I'll fly legs of 2, 4 and 5 hour legs once every other month. ( x2 roundtrip ). Anyway I have minimal "street knowledge" so I'm sailing into uncharted waters. That's a wide open question. I have 1800 TT hours but mostly fixed gear SEL. Currently I'm flying a 172 (rent). I have 150 PIC in complex but not recent so I don't want to jump in and buy my flying coffin. I'm not IRF rated but that's on the to do list when it cools down here. ( East Texas ). Got a hanger lined up.
So with that said, I thank you all ahead of time for your thoughts. Please be frank, candid, honest and straight,,,,, I'm ok with that. Dad had 55000 est. hours when he died. He said know your self and your limits and never violate them. Ever.
Buck Austin