Locally, it is near impossible to find a hangar to own. I bought a hangar a few years ago at a local airport with a month to month lease. A neighbor is putting up a new hangar (guessing $150k) under the same rules. The situation has been like this for over 20 years….maybe 30. There just aren’t too many options. The general feeling is that as long as the airport is making money, they are not motivated to tear them down. In fact, they don’t even invoice us, but we all pay just to keep on good terms. Is it perfect? No…..but I’ve been hangared for 5 years where otherwise I would not be. No indication that they will change. I’ve just gotten a rental at an airport closer to me, but will hold on to my owned hangar. The rentals around here seem to be equally precarious. You are at the mercy of the owner, and that depends on the owner…..and they too are at the mercy of the airport. I hope the OP is able to pull this off.