Owning a plane
Planes are like boats, a big hole in the water in which you throw much money.
Big maintenance issues ie annuals, all work must be done by a licensed A&E mechanic, insurance, fuel, high dollar oil, hangar, AD compliance, ELT batteries, any and all mods must be certified.
Most after market components like the dual leading edge landing light kit I installed in my Cherokee 180 came with a Cert sticker and had to be entered in the flight log as ALL mods do AND be signed off by a A&E.
My partner and I were BMW techs and did all the work, when a annual was due we had a A&E inspect our plane and tell us what needed to be done, we would do it and have him reinspect and sign it off.
We sold the plane after 10 years, the new owner, a 50 year old student pilot totaled the plane

doing T&G's, he survived.
