Or have more partners and don't put the boat in charter? Maybe 6 shares at 8 weeks per year, or 12 shares at 4 weeks per year, or even 24 shares at 2 weeks per year (owners could buy more than one share if they want more weeks). With twelve owners entry costs could be as low as $60-65,000 per share for a nicely equipped new 45' cat with no loan and ongoing costs could be allocated equally to each share. People could own more than one share and shares could be bought or sold with first rights of refusal to existing owners. I also think the boat would be better taken care of in this situation and the group would have more flexibility in terms of where it is located (and when) as well as control of the related costs and expenses. Plus, you could branch out and away from the typical charter boats if desired. As stated above, you would want a rock solid partnership agreement with a defined exit plan. If we weren't in the middle of another project right now I'd be interested in being part of that type of agreement.