lancef53,
My brother is financing the project. He is the owner. My EAA chapter is building it. I am the builder of record. When we are done and the FAA has signed off on it, then we (the qualified chapter members) get to fly it for one year. At the end of the year my brother will sell it and keep the proceeds. A couple of the guys in the chapter have already expressed an interest in buying it.
My brother is not looking to make money on the deal. Just get his investment back out of it plus maybe a little interest. The Chapter gets the building experience and some flight time. Meanwhile, everybody has fun.
Then maybe we will start over on another project!


