And there was a discussion from those that have moved up from the Cirrus to VLJ  ( Very Light Jets) and how much it cost to operate them yearly.. 350 to 450k a year is what those boys spend on those toys.. and that does not include the purchase of the aircraft...

But you'll thereafter have to hydrojet instead of rooting. 

HELOC's interest is no longer deductible as of 2018 for personal purchases (if you use it to buy jet skis or may bills)But you can deduct it via interest tracing on business purchases. 

You can put a small bench to sit down and have some jets in there.

As much fun as it would be to spend my time jet-setting around the globe and hang out at super luxiorous restorts and bet black chips ($100) in casinos, the amount of assets required to support that lifestyle is staggering.

With a 15 year note, everything else the same and assuming self management, your cash on cash return falls to 2.4% and the property generates only $1200 a year in true cash flow.Sorry for typos, no time to proofread, have to jet.

I lived a year in MS  and its like living in a petri dish  LOL.. and when I get off the plane in Houston in the summer the smell of dank moldy air permeates the jet way right off the bat...

@Eric James  actually going the other way probably retire from flying myself around started in late 70s  have not dented anything .. only scared the be jesus out of myself a hand full of times.. there is a reason pilots have to retire at 60 to 65... its a young mans game.also all these new on demand jet ride shares are looking pretty cool.. once I decide what and where I am going I do have the jet smarter app and when I get to Vegas I may start using that.. its pretty economical really. if you use it once a month its no more expensive than what I do now which is buy a first class ticket.. 

Anthony this was the same thinking that sunk thousands upon thousands of landlords doing this exact BRRRR cash back minimal cash flow.the cash back went to buy a jet ski not reserves  LOL.. 

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