I'm a student pilot thats buying my first plane (Piper PA-38) with approx. 2000 TT and 100 SMOH. I havent soloed yet and buying this for learning/hours. I put a down payment on it and researched it as much as I can (FAA search - title search - owner character search etc.) So far all is good and I plan on taking my instructer to his state and flying back next week. He is doing an annual for me and one of my question is, is this as good as having a preflight inspection done for me as a buyer? Once we get there we'll obviously fly it and I'm sure all will be fine but what happens if we get back home or alittle thereafter find out there is major problem? Is there something like a three day back out clause/law? Any help, tips, comments is appreciated regarding bill of sale papers, documentation, etc. or something I might have missed would be appreciated. By the way, NICE forum