Here are some general pros and cons of buying property in the village of Rich Hill, Missouri:

Pros:
- Low cost of living: The cost of living in Rich Hill is lower than the national average, which can be attractive for those on a budget.
- Peaceful and quiet: Rich Hill is a small village, so it can be a peaceful and quiet place to live.
- Small community: If you value a tight-knit community, Rich Hill may be a good fit for you.
- Low crime rate: Rich Hill has a low crime rate, which can provide a sense of security.

Cons:
- Limited job opportunities: Like many small towns, Rich Hill may have limited job opportunities available.
- Limited amenities: Rich Hill may not have all of the amenities that you would find in a larger city.
- Distance from larger cities: Rich Hill is a remote village located about an hour and a half from the nearest major city.
- Rural lifestyle: If you prefer a more urban lifestyle with access to culture and entertainment, Rich Hill may not be for you.

Keep in mind that these are general considerations, and the specifics of a property can greatly affect its desirability. It is always a good idea to do thorough research and consult with a local real estate agent before making any major real estate decisions.