I have never done fractional ownership of a boat, but I did with a lakefront cabin with a relative. It did not work out well. Different ideas of priorities, use, sharing, etc. etc.
With some, with the right attitude (yours), right circumstances, and most importantly the right other person it could mostly work.
However, the opportunities for issues and problems are enormous. In my opinion, I would not be interested in such an arrangement.
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Tom
Nanaimo, BC
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