Since I fly and ES, I have a somewhat less challenging situation on an engine out shortly after takeoff.  Even still, I have a 1,000 agl "straight ahead rule".  That number was arrived at with input from my HPAT instructor, my own skill level and training frequency.  I just don't think I could respond in a real emergency and get turned around in anything less that 1,000 agl.

 

Another factor that I would like to hear some comments from the group on is what I call the "my baby factor".  My primary flight instructor taught me that after an engine failure, the airplane belongs to the insurance company, save your own butt!  That's easier with a 182 that gets totaled in an off-airport landing.  But it's not that simple with our own blood, sweat and tears.  I think some Lancair pilots have met their maker trying to save "their baby".

 

Mike Easley

Colorado Springs