permissions creating web application

The following error seems to plague a lot of people. Who has encountered this and what solutions did you find.

"Unable to create web project <name>. The UNC share <UNC> does not exist or you do not have access.

One suggestion I have seen a few times is create the app on the local machine and then publish to the server. I want to create the app on my develoment server, not on my local machine and then publish to a production box.

I noticed a post from one of this forums "ASP.net team" users stating something along the lines of "creating a web application is a snap just go to New Project --> .net web application". I laughed big time at that. I am in my fourth day of attempting this "snap" process.It works fine, but you have to make sure you have the correct privelages.. From the error it seems you don't have write permissions maybe?
yeah it is a permissions issue. The question is permissions for who? You have my local machine with VS.net installed. I log into a domain so I am assuming that the VS application is running with that account information.

I then try to create an application on a server outside a firewall and not part of the domain. That IIS server is running the show as far as the virtual directory and web application is concerned so I assume the account is IUSR_machine.

That to me seems to be a potential source of this problem.
Check if you have permissions on the directory you are trying to write to. I believe this is just directory permissions you are dealing with here.