It's time for Mike to bring up insurance. Be absolutely sure the flight is covered, two ways. Almost all policies contain standard language that requires the aircraft to have a current, valid Annual Inspection. So request a written/faxed statement of coverage for this particular flight of the aircraft out of Annual from the underwriter/insuring company, not just the agent. Secondly, if you are ferrying the plane for someone else, the owner may be covered (insurance company will pay them) against a loss based on the above. However, the insurance company may likely subrogate against you (sue you to recover what they paid to him and other losses such as recovery, storage of the hulk, etc.). Be sure of both the above, or accept the financial risk. And don't kid yourself, a goodly percentage of losses occur in ferrying aircraft. Mike.