Renting out homebuilts?

[rosiejerryrosie]

It's one of those regs that you know it when you see it. If you hit something while making an 'off airport landing', its 'densely populated', if you don't hit anything, it was not 'densely populated'

[Dave Prizio]

Let's be clear here. The general rule is that an expermental airplane may not be rented. The exception to the general rule is that a local FSDO may issue a LODA letter to permit a particular experimental airplane to be made available for rent along with an instructor for the purpose of transition training.

Even the LODA letter does not make the plane available for rent as you might rent a 172 from your local FBO for a pleasure flight. It is for flight instruction for the purpose of transition training. The exception is narrlowly tailored for the purpose of giving experimental airplane builders the opportunity to get instruction in a similar airplane before they start flying their own.

Dave Prizio