Hi all, so I ended up picking up a 77 M20J thats in pretty good shape, just needs a little panel update to get it to where I want it.
Since this is my first aircraft and ill be using the upgrades to chase my IR I figured I would ask for some opinions on what I plan on doing with it.
The plane has an ancient KX-170B and indicator that is not functioning, this will get pulled and junked. There is also a stormscope that is functioning but is not serviceable as its a WX-900, I plan on removing this and either selling for parts or just junking I see no use for it personally. Finally there is a working Garmin 430 non-WAAS GPS I plan on keeping this and eventually upgrading to WAAS to have a secondary GPS and keep a NAV radio.
My plan for this year is to put in a GNC-355 and a new indicator, this gets me a working secondary radio as well as LPV approaches. On top of that I would like to replace my current EI FP-5 fuel totalizator and JPI edm-700, with an edm-830. I would use this to train and get my IR. Budget for this year is roughly ~15k.
Next year I would like to do dual G5s and a GFC-500 AP, as well as getting that 430 upgraded to waas enabled.
Eventually, I would upgrade the 830 to a 900 or 930 to start removing some of the older gauges from the panel, at this point I would probably have a brand new panel made.
Thoughts? Anything not make sense or should I look at anything else? Thanks!