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I have always had the urge to get my pilots license. When I was young, my grandfather would take me out flying in his Piper Cub all the time. We would fly all over lower Michigan and into Northern Ohio. Barely could reach the pedals, but he would let me stick and rudder a bit.

I have researched it, so finding schools, costs, etc....I think I have that nailed.

But I was looking at the rental cost. It seems like its going to end up costing $6-10k (depending on who you believe) in rentals fees. It seems like Cessna 150s can be had for less than $30k, and 150s for $50ish. I realize that maitainance costs on aircraft are insane, but at what point do you bite the bullet and buy a plane?

Is starting off in some kind of 'shared' situation a good idea? An aquaintance of mine has a 150 that he owns with some partners.

Any thoughts/warnings would be helpful.