Steep driveway conundrum!? What's in a driveway?

[Samuel DeMass]

Again I call on the opinion of the experience of BP!  This one is a question for rental experts in particular, as my goal will be to rehab and rent the property.

I'm looking at a property that the numbers are going to work out for a positive cash flow outcome.

However, the driveway is steep.  I tried to take my car up it, and it wouldn't make it (no it's not a 4x4, and I live in Arkansas).  I really hadn't considered the repercussions of this on it's rent ability, until I imagined lugging a sofa-bed up the steps!

Do you think this will impact the rent the market will support?  Do you have any experience with a similar property?

Are there things to consider when dealing with such properties?

Thank you for your time!

[Steven G.]

I have had a property or two like that. It will be a problem for some people, unless level street parking is available. When you have houses on busy streets, or with steep driveways, etc ... you cannot lose if you (a) buy the property for a lower price than you normally would (as inherently the property value is lower because of the undesirable situation), and (b) you have slightly lower than market rent - you'll always have someone willing to rent the place for a couple hundred bucks less that will just "deal" with the inconvenient driveway.