Here are some general pros and cons of purchasing real estate that might generally apply to properties in Hollywood, South Carolina or any other town:

Pros:
- Good investment opportunity: Owning a property in Hollywood can be a good investment, as real estate in this area may appreciate over time.
- Scenic beauty: Hollywood, South Carolina is a beautiful town, located close to the Atlantic Ocean, with many scenic attractions that can make it an attractive place to live or own a vacation home.
- Low cost of living: Hollywood, South Carolina has a relatively low cost of living compared to some other nearby cities.

Cons:
- Risk of natural disasters: Due to its proximity to the ocean, Hollywood is at risk of hurricane damage and other natural disasters which can pose a threat to property and residents.
- Limited job opportunities: The job market in Hollywood, South Carolina may be limited, which can make it difficult to find employment.
- Limited urban amenities: Hollywood is a small town, so there may be limited access to urban amenities such as shopping, entertainment, and restaurants.

It is crucial to conduct thorough research and assessment of the real estate market, the property, and the local area before making a purchase decision. Working with a reputable real estate agent can also be helpful in weighing the pros and cons and making the best decision.