My brother and I currently both have a private pilots license. We both graduated from uni a little under 3 years ago now. 3 for me and 2 for him. Neither of us have college debt (yay honours scholarships) and currently have jobs working in a pharmaceutical lab setting. (We were both biochem majors) Problem is we like flying. We took up flying as a hobby and want to make a career out of it. We can afford to buy a plane between the two of us. As in, money is not an issue here. Our goals include the following. Buy a low time plane with a budget of 65-80k. We also have an ownership budget of 80k for the next two years. So nearly 160k and 30k each for further training/tests/fees for ratings. (220k). We wanna do things right. Take our time and have a good time doing it. Eventually landing some sort of job. Also nothing is financed everything is cash only. We plan to build hours with it even once we are done with training. We are hoping that somewhere along 500-1500 hrs that we would get a low time job and be able to go from their, in terms of our career. Please give me an honest opinion about this. Be as ruthless as possible. Of course people around us say go for it but idk. I even have a couple of A & P mechanics that I have been close friends with since high school that are willing to help me find the right plane. I have done lots of research on aircraft ownership and one of my goals is just that, aircraft ownership. I also have concluded that in total it would be nearly 110k for each of us in total in terms of total costs. But we can afford it. We have made good investments over the years and even worked part time in college to invest every penny we could. We live in indianapolis and our cost of living is very low. We aren’t taking on too much financial risk spending this much. At least I don’t think so.