"Great topic but tell us a bit more about you? Have you taken or started lessons"? - If you mean flying lessons, then yes I have my private with tail wheel and high power endorsement.
"If taken what airplanes do you have time in"? - Most of my time is in a C-172, Piper Warrior 2. I have logged about 10 hours in various aerobatic planes including an Acrosport 2, T-34, Extra 300 and Pitts s2c. Total time is about 75, yes I know not a lot but I've yet to have an instructor tell me I was incapable of learning to mastering any of the planes I've flown.
"Why tandem seating? Why mid or low wing? Help us focus in on where you are at and why you are aiming in the listed direction". - I should have said single seat, not center line as a requirement. Single seats are cheaper to operate (less weight, less engine required) As for the wing, I really hated flying in the Cessna specifically because I could not see very well when turning. As soon as I got in another plane and was able to see clearly in a turn I've never gone back. Just preference I guess.
You can build an RV-12 EAB with a Viking Engine ( or refirbed conventional one) right at your $40,000. Resale value would be good and plenty of support. wings come off very easily. Only negative is the side by seating - which many prefer.
Jim
The top end of my budget is really the absolute max I would be willing to spend in all circumstances. Basically if I was 5k short of completion i would be willing to go UP TO that to finish.