Considering a Duplex on a Double Yellow Line Road, advice please?

[Lee K.]

Hello BP friends. I need some help; I am considering purchasing a duplex where the entrance faces a road with double yellow lines. I would say the house entrance is an average distance from the sidewalk and road (see picture).

I ask as another investor and agent has told me he has a rule to never buy properties on a double yellow line as you have higher turnover, and you must discount the rent as it is so unfavorable.

1. Do you agree or have any experience with property on a double yellow line road?
   
2. In analyzing the deal, any recommendation for how much to discount the average rental rate when looking at comps?
   
3. How about turnover, do you think it will be higher even with an adjusted rental rate?

Thank you as I feel a bit lost on this one and I know someone on BP has managed a property on a double yellow. Best, Lee