Advantages of buying property in Corbin, Kentucky can include:

1. Affordability: Corbin is known to have a lower cost of living than other cities in the United States. This applies to housing prices as well which might offer good value for money.

2. Proximity to recreational areas: If you are interested in recreational activities, you will be happy to know that Corbin is located near the Daniel Boone National Forest, which is a popular spot for hiking, camping, and fishing.

3. Growing economy: Corbin has a growing economy with new businesses being established in the city. This means there are good job opportunities.

4. Good transportation: The city has good transportation links, including access to major highways, train stations, and local airports.

Disadvantages of buying property in Corbin, Kentucky can include:

1. Limited job opportunities: While there are some job opportunities available in Corbin, there may be limited options available for high-paying jobs.

2. Limited cultural amenities: Corbin might not have the range of cultural amenities offered by larger cities, meaning you might have to travel to find what you're looking for.

3. Limited healthcare infrastructure: The city might not have access to the best medical facilities which might be a drawback, especially for people with health problems.

4. Weather conditions: Kentucky has a humid subtropical climate, which can lead to hot and humid summers and cold winters with occasional snowstorms.