I found a couple of other referenes to this problem here, and it was implied that an assembly cannot be run from a network drive.  However, I want to learn how to keep development directory in network drive in preparation for time when more than one developer is working on same project.

How is it possible to run an assembly from a particular network drive, and directory, not from other places?

Thank you very much,

Alex

In all reality, I think TFS only makes sense if you have a huge, distributed team, or you've got an MSDN Premium VS subscription and you only have 5 developers and can make use of the included workgroup version.  Beyond 5 developers, or if you don't have a Team System subscription (there are so many dang levels of MSDN subscription I can't keep them all straight), then finding a good SQL based solution that is cheap and fast is your best bet.