Looking for feedback on starting a Decathlon Flying Club

[captainvanover]

Hey everyone! Looking for some feedback from folks who have done something similar.

My partner and I are planning to buy a Decathlon early next year and start a small flying club in North Texas. Based on insurance limits, we're looking at a total of 6 pilots—the 2 of us as co-owners plus 4 non-equity club members.

Our initial cost structure idea:

• Monthly Dues: $300/month per member (the goal is to have the 4 members cover our fixed costs—specifically the hangar, insurance, and an estimated $1,500–$3,000 annual inspection)
• Hourly Rate: $60/hr dry (intended to cover the engine overhaul reserve and unscheduled maintenance)

For anyone who’s run or participated in a small aerobatic/tailwheel club setup like this:

1. Does this rate structure seem reasonable and realistic?
2. How hard was it to get insurance approval for non-equity members flying a Decathlon?