Here are some potential pros and cons to consider when thinking about buying property in South Haven, IN:

Pros:
- Affordability: Compared to other regions of the country, property in Indiana generally speaking can be less expensive. Additionally, South Haven is located outside of major metropolitan areas, which can also make property more affordable.
- Natural beauty: South Haven is located in the midst of beautiful natural landscapes that include mature trees, Lake Michigan nearby and nearby parks like Lake Edgewood, and Baums Bridge Park.
- Proximity to major cities: South Haven is within reasonable distance, under 55 minutes a few major cities like Gary, IN and slightly more distant, at around 90 minutes, from cities like Chicago, IL.
- Developing area: South Haven is a developing community, which could make it an attractive location for people looking to move to an up-and-coming area.

Cons:
- Limited job opportunities: As a smaller community, South Haven may have fewer employment opportunities than larger cities.
- Weather: Indiana experiences all four seasons with cold winters, and stifling heat and humidity in the summer. This may be a factor to consider depending on your preferences.
- Rural location: If you prefer to be close to the hustle and bustle of city life, South Haven may be too rural for your liking.
- Potential natural disasters: South Haven is located near Lake Michigan, so it may be more vulnerable to flooding or other weather-related risks.
- Commute time: Depending on the exact location of the property you're considering, it may have a longer commute time to nearby cities or amenities.

It would be a good idea to also do additional research or speak to real estate professionals in the area to get a fuller picture of factors that may impact property values or desirability in South Haven.