I was wondering if there are any members who are owners, partial owners, or hold shares in a private airport who might be able to share the Good, the Bad, and the Ugly to airport partnerships.
This would be an already existing airport, with no services, that is currently privately owned. The thought is to purchase/sell shares to a maximum of six extremely well vetted individuals, and those individuals would actually own their percentage of the airfield.
Needless to say, there will be strict covenants, and more importantly, truly enforceable penaltys to keep all owners in line. Having lived with covenants before where there was zero enforcement makes the covenants themselves absolutely useless.
Thanking you in advance for your assistance....................Rob