Great responses.. i appreciate everyones so far.

We're looking at a monthly cost (TOTAL) of very roughly 700 a month excluding any fuel or MX. We have some options for a mechanic and looking like a free tie down. So, assuming we buy with fresh annual and all MX is good, we have very little cost besides fuel of course. Divide 700 up by 4 guys and this becomes very affordable. I feel like this is a good deal and way cheaper than starting from 0 time and buying 50+ hours. Any idea how much money you lose on an aircraft (how much the value goes down) when you add 400-500 hours onto the engines then try to resell it? Any kind of rough % anyone can throw at me for that?