There are several pros and cons to consider when deciding whether to buy a property in Kokomo, Indiana. Here are a few to keep in mind:

Pros:
- Affordable property prices: Compared to many other cities in the US, property prices in Kokomo are relatively affordable.
- Low cost of living: According to some rankings, Kokomo has a lower overall cost of living than the US average.
- Good quality of life: Kokomo has a relatively low crime rate as compared to some other cities its size. It also boasts several parks and recreational areas, and is conveniently located near larger cities like Indianapolis.
- Strong job market: Kokomo has a diverse economy and is home to several major employers such as Chrysler and Coca-Cola.

Cons:
- Location: Although some may view its location as a pro (as it's situated near larger cities), others may view it as a con since Kokomo is not located directly in a major metropolitan area like Indianapolis.
- Severe weather: Kokomo experiences severe weather, including tornadoes and heavy snowfall, which can have an impact on property values.
- Economic instability: While Kokomo has a strong job market, it is largely dependent on the automotive industry, which can be cyclical in nature and susceptible to downturns.

It's important to carefully consider factors like these and do your own research before making a decision to purchase a property in Kokomo or any other city.