Shared driveway a show-stopper?
I'm doing some analysis on a local 3/2 house. The preliminary numbers make sense as a buy and hold; however, this property shares a driveway with the neighbor, yet no agreement is in place. How much of a liability is this? Should the lack of legal agreement simply be factored into the offering price, or should it be a show stopper? Should i simply try to get an agreement with the neighbor in place before purchasing it? Thoughts are much appreciated.